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The proceeds from a bond issuance for the building of a new public school should be recorded in the_________ fund at the time the bonds

The proceeds from a bond issuance for the building of a new public school should be recorded in the_________ fund at the time the bonds are sold. the fund balance increase is classified as _____________.

a. capital projects, revenues
b. general, revenues
c. general, other financing sources
d. capital projects, other financing sources

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