Question
13. Trapper City issued 30-year bonds for the purpose of building a new City Hall. The proceeds of the bonds are deposited in the General
13. Trapper City issued 30-year bonds for the purpose of building a new City Hall. The proceeds of the bonds are deposited in the General Fund. For the governmental fund financial statements, in what fund will Bonds Payable appear?
Multiple Choice
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General Fund.
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Internal service fund.
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Permanent Fund.
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Debt Service Fund.
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Bonds Payable do not appear in governmental fund financial statements.
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Business Security Audit And Review Toolkit The Modern Toolkit For Security And Risk Professionals To Grow Their Business And For The Business Owners.
Authors: L Burke Files, Gamal Newry, Ibrahim Yeku
1st Edition
1674831315, 978-1674831312
