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Bligation bonds issued to finance the construction of a new fire hall should be accounted for in the: a. General Fund. b. Special Revenue Fund. c. Debt Service Fund. d. General …

Bligation bonds issued to finance the construction of a new fire hall should be accounted for in the: a. General Fund. b. Special Revenue Fund. c. Debt Service Fund. d. General …
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1 vote
Bligation bonds issued to finance the construction of a new fire hall should be accounted for in the:

a. General Fund.
b. Special Revenue Fund.
c. Debt Service Fund.
d. General Long-Term Liabilities accounts.

asked
User Clunven
by
8.1k points

1 Answer

4 votes
D. Should be the answer, I am hoping that I am correct but hope you pass
answered
User Simon Josef Kok
by
8.1k points
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