This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A Capital Projects Fund issued bonds during the year and incurred 135,000 of issuance costs. Also, ... (Read 90 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jul 5, 2018
A Capital Projects Fund issued bonds during the year and incurred 135,000 of issuance costs. Also, the bonds were issued at a discount that totaled 100,000 . The governmental activities column will include
 
  a. expenses of 135,000
  b. expenses of 235,000
  c. unamortized deferred charges of 135,000
  d. unamortized deferred charges of 100,000
  e. unamortized deferred charges of 235,000

Question 2

The Drawings account is an example of an expense.
 a. True
  b. False
 
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 5, 2018
Answer to Question 1

E

Answer to Question 2

False


imanialler

  • Hero Member
  • *****
  • Posts: 539
Reply #2 on: Jul 5, 2018
Thank you :)


Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jul 5, 2018
Happy to help you


« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

A 100-Year Flood Map of Montpelier, Vermont A 100-Year Flood Map of Montpelier, Vermont
Gas molecules have no bonds to other molecules and move in random motion. Gas molecules have no bonds to other molecules and move in random motion.
Two lymphocytes that are reactive in a 19-year-old college student with infectious mononucleosis. ... Two lymphocytes that are reactive in a 19-year-old college student with infectious mononucleosis. ...
How many double bonds they contain How many double bonds they contain
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Fetal development - Weeks 9 to 38

For a complete list of videos, visit our video library