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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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9 years ago
In the year that a governmental entity enters into a legal advance refunding, which of the following note disclosures would not be required?
A.   The present value of the net debt service savings or cost of advance refunding transaction.
B.   The amount of defeased debt that is still outstanding.
C.   The difference between total of the remaining debt service requirements of the old defeased issue and the total debt service requirements of the new issue, adjusted for any additional cash received or paid.
D.   General description of the transaction.
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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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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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