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QUESTION 17 A transaction in which a government issues general obligation bonds to finance the construction of a new police station would... Increase liabilities in

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QUESTION 17 A transaction in which a government issues general obligation bonds to finance the construction of a new police station would... Increase liabilities in a Debt Service Fund. O Increase liabilities in a Capital Projects Fund, Decrease fund balance in a Debt Service Fund o Increase fund balance in a Capital Projects Fund. QUESTION 18 A computer was purchased from unrestricted resources for a general government department. The government paid cash for the computer at the purchase da Which of the following is not an effect of this transaction in the General Fund? Current assets decrease Capital assets increase Current liabilities do not change Fund balance decreases

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