If a governmental unit makes no guarantees regarding repayment of a capital improvement special assessment bond issue, the liability for the bonds would a. notappearinthefinancialstatementsorintheirnotes. b. not appear in the financial statements but would appear in the notes to the financial statements. c. appearinthecapitalprojectsfund. d. appear in the general long-term debt account group.

Thefollowingisacorrectentry: PensionExpense ................................................... NetPensionLiability .............................................. The entry would be found in the a. capitalprojectsfund. b. enterprise fund. c. generalfund. d. debt service fund.

On June 28, 2019, Brock Citys debt service fund received funds for the future repayment of bond principal. As a consequence, the general long-term debt account group reported a. anincreaseintheamountavailableindebtservicefundsandanincreaseinthefundbalance. b. an increase in the amount available in debt service funds and an increase in the amount to be provided for bonds. c. an increase in the amount available in debt service funds and a decrease in the amount to be provided for bonds. d. no changes in any amount until the bond principal is actually paid.