Question
PLEASE ANSWER BOTH PARTS FOR UPVOTE QUESTION 14 Which of the following is one of the two types of bond refunding arrangements? a. BAN refunding
PLEASE ANSWER BOTH PARTS FOR UPVOTE
QUESTION 14
-
Which of the following is one of the two types of bond refunding arrangements?
a. BAN refunding
b. Advance refunding
c. Permanent refunding
d. Temporary refunding
QUESTION 15
-
A $35 million bond is issued at a 1% premium by an SLG, which also incurs $25,000 in bond issue costs. The bond proceeds are designated to be used to pay for a general government capital project. The issuance of the bond requires accounting recognition in which of the following accounting entities?
a. The GCA and a Debt Service Fund
b. The GLTL and a Debt Service Fund
c. Only the GLTL
d. The GLTL and a Capital Projects Fund
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started