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Author Question: A governmental entity is funding a capital project with the issuance of general obligation bonds, as ... (Read 171 times)

clippers!

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on: Jul 5, 2018
A governmental entity is funding a capital project with the issuance of general obligation bonds, as well as a federal grant. The grant would be reported on the operating statement as
 
  A. An other financing source.
  B. A revenue.
  C. A nonoperating revenue.
  D. An other financing use.

Question 2

What is the posting reference that will be found in the cash account?
 a. 11
  b. 15
  c. 3
  d. 13


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aloop

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Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

c


clippers!

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Reply #2 on: Jul 5, 2018
Thank you


aloop

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Reply #3 on: Jul 5, 2018
No problemo


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