Author Question: Which of the following accounts would not appear in a Capital Projects Fund? a. Other financing ... (Read 87 times)

jazziefee

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Which of the following accounts would not appear in a Capital Projects Fund?
 
  a. Other financing sources--bond proceeds
  b. Bond anticipation note payable
  c. Bonds payable
  d. Other financing sources--bond premium

Question 2

The Purchases Discounts account is recorded on the books of both the seller and the purchaser.
 a. True
   b. False
   Indicate whether the statement is true or false



fauacakatahaias

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Answer to Question 1

C

Answer to Question 2

False



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