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goji.go goji.go
wrote...
Posts: 5977
9 years ago
How should bonds payable be reported on government-wide financial statements?
      a.   Bonds payable should be reported as an offset to capital assets in the assets section of the statement of net position
      b.   Bonds payable should not be reported on the government-wide financial statements
      c.   Bonds payable should be separated between amounts due to be paid in one year and amounts due to be paid in more than one year   
      d.   Bonds payable should be reported in the net position section of the statement of net position
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

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