1. Dale City is accumulating financial resources that are legally restricted to payments of general long-term debt principal and interest maturing in future years. At December 31, 20X1, $5,000,000 has been accumulated for principal payments and $300,000 has been accumulated for interest payments. These restricted funds should be accounted for in the:

		A. Debt service fund General fund $0 $5,300,000
		B. Debt service fund General fund $300,000 $5,000,000
		C. Debt service fund General fund $5,000,000 $300,000
		D. Debt service fund General fund $5,300,000 $0

2. On March 2, 20X0, Finch City issued 10-year general obligation bonds at face amount, with interest payable March 1 and September 1. The proceeds were to be used to finance the construction of a civic center over the period April 1, 20X0, to March 31, 20X1. During the fiscal year ended June 30, 20X0, no resources had been provided to the debt service fund for the payment of principal and interest. Finchs financial statements should report the construction in progress for the civic center in:

		A. Capital projects Government-wide fund financial statements No Yes
		B. Capital projects Government-wide fund financial statements Yes Yes
		C. Capital projects Government-wide fund financial statements Yes No
		D. Capital projects Government-wide fund financial statements No No