Hi all, I have multiple choice question that I am struggling with. I think the answer is C but not sure. Any help? Thanks in advance!
Sky City issues general obligation serial bonds for construction of a fire station. Requires reporting recognition in:
a. General Fund
b. Capital Projects Fund and General Fund
c. Capital Projects Fund and Gov-wide Statements
d. General Fund and Gov-wide statement
e. None of above
Sky City issues general obligation serial bonds for construction of a fire station. Requires reporting recognition in:
a. General Fund
b. Capital Projects Fund and General Fund
c. Capital Projects Fund and Gov-wide Statements
d. General Fund and Gov-wide statement
e. None of above