1. When an SLG is not liable in any manner for special assessment debt issued to pay for the construction of a special assessment capital project, the special assessment debt proceeds should be recorded in

1. An Agency Fund
2. A Capital Projects Fund
3. A Special Assessment Debt Service Fund
4. None of the above, since the SLG is not responsible for paying off the debt the SLG will also not record the debt proceeds in any of its funds.

2. Which of the following capital assets belonging to an Internal Service Fund would be reported on the Internal Service Funds balance sheet

a. Printing presses

b. Building

c. Land

d. All of the above