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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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10 years ago
A governmental entity issued bond anticipation notes (BANs) during the year for a major capital project. The BANs were refinanced with long-term general obligation bonds before the end of the fiscal year. The journal entry to record the retirement of the BANs in the Capital Projects Fund  the governmental entity should include
A.   Other financing sources.
B.   A fund liability.
C.   Revenues.
D.   Other financing uses.
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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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