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goji.go goji.go
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Posts: 5977
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10 years ago
A government issued short-term bond anticipation notes for a capital project. The notes are to be repaid from bond proceeds if the voters approve the bonds. The bond anticipation notes
A.   Must be reported as debt of the Capital Projects Fund.
B.   Must be reported as debt of the Capital Projects Fund if it is probable that the bond referendum will not pass.
C.   Must be reported as debt of the Capital Projects Fund unless it is probable that the bond referendum will pass.
D.   Must be reported as general long-term debt.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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10 years ago
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goji.go Author
wrote...
#2
10 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
10 years ago
You're very welcome!
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