Ledford County issued 2,000,000 of general obligation bonds for ...

[JGIBBSON]

Ledford County issued 2,000,000 of general obligation bonds for the construction of a new recreation center.
 
  The bonds were sold at a 1 discount and the county incurred 150,000 in underwriter's fees, both of which were withheld from the settlement proceeds. The journal entry required in the Capital Projects Fund for the issuance of the bonds would be
 
   Debit Credit
  A. Cash
   Other Financing Sources 2,000,000
  2,000,000
  B. Cash
   Other Financing Sources 1,830,000
  1,830,000
  C. Cash
  Expenditures
   Other Financing Sources  Bonds
   Other Financing Sources  Discount 1,850,000
  150,000
 
  1,980,000
  20,000
  D. Cash
  Expenditures  Underwriter Fees
  Other Financing Uses  Discount
   Other Financing Sources  Bonds 1,830,000
  150,000
  20,000
 
  2,000,000

Question 2

______________________________, ___________________ ___________, and ___________________ ___________ are the three themes of the textbook.
 Fill in the blank(s) with correct word

[mjbamaung]

Answer to Question 1

D

Answer to Question 2

Enterprise systems, e-business, internal control
Enterprise systems, internal control, e-business
Internal control, enterprise systems, e-business
Internal control, e-business, enterprise systems
E-business, enterprise systems, internal control
E-business, internal control, enterprise systems