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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
wrote...
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Posts: 5977
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9 years ago
Ashley Woods Village issued $4,000,000 in general obligation bonds to finance the widening of a local thoroughfare. This transaction will most likely
A.   Increase fund balance in the General Fund by $4,000,000.
B.   Decrease fund balance in the General Fund by $4,000,000.
C.   Increase fund balance in the Capital Projects Fund by $4,000,000.
D.   Decrease fund balance in the Capital Projects Fund by $4,000,000.
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3 Replies
Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
#1
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9 years ago
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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

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