Interest Income would appear under which column of the worksheet ...

[shenderson6]

Interest Income would appear under which column of the worksheet
 a. Income Statement, DR
   b. Balance Sheet, DR
   c. Income Statement, CR
   d. Balance Sheet, CR

Question 2

The county issued a six-month, 6, 200,000 bond anticipation note on October 1, 20X7, to provide temporary financing for a police station construction project. The voters have not approved the bonds, but approval is expected before year-end.
 
  The county government was billed 150,000 during the year for construction costs on its capital project and 125,000 was paid. The government should report Capital Projects Fund expenditures for the year ended December 31, 20X7 of:
  a. 125,000
  b. 150,000
  c. 153,000
  d. 162,000

[Danny Ewald]

Answer to Question 1

c

Answer to Question 2

C

[shenderson6]

Thanks for the timely response, appreciate it

[bdobbins]

TYSM