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goji.go goji.go
wrote...
Posts: 5977
10 years ago
The county issued a six-month, 6%, $200,000 bond anticipation note on October 1, 20X7, to provide temporary financing for a police station construction project. The voters have not approved the bonds, but approval is expected before year-end. The county government was billed $150,000 during the year for construction costs on its capital project and $125,000 was paid. The government should report Capital Projects Fund expenditures for the year ended December 31, 20X7 of
A.   $125,000.
B.   $150,000.
C.   $153,000.
D.   $162,000.
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
10 years ago
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goji.go Author
wrote...
10 years ago
Thanks so much f_zah1.

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