This topic contains a solution. Click here to go to the answer

Author Question: A transaction in which a government issues general obligation bonds to finance the construction of a ... (Read 82 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
A transaction in which a government issues general obligation bonds to finance the construction of a new police station would
 
  A. Increase liabilities in a Debt Service Fund.
  B. Increase liabilities in a Capital Projects Fund.
  C. Decrease fund balance in a Debt Service Fund.
  D. Increase fund balance in a Capital Projects Fund.

Question 2

Earning revenue
 a. increases assets, increases owner's equity
  b. increases assets, decreases owner's equity
  c. increases one asset, decreases another asset
  d. decreases assets, increases liabilities



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Answer to Question 1

D

Answer to Question 2

a




Garrulous

  • Member
  • Posts: 686
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)


Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

For a complete list of videos, visit our video library