The liability for special assessment bonds for which the city is not obligated in any manner should be recorded in a:
A) Debt service fund general journal
B) Agency fund general journal
C) Governmental activities general journal
D) None of the fund or governmental activities general journals, but should be disclosed in the notes to the financial statements
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The liability for special assessment bonds for which the city is not obligated in any manner should be recorded in a: A) Debt service fund ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality. what is this describing? A. The invisible hand B. Mixed economy C. Laissez-faire D. Private enterprise
Answers (1)
In 2019, Simon, age 12, has interest income of $900 and dividend income of $4,000. He has no investment expenses. Determine Simon's net unearned income and total tax liability.
Answers (2)
In order to close the dividends account, A) the retained earnings account should be debited. B) income summary account should be debited. C) income summary account should be credited. D) retained earnings account should be credited.
Answers (1)
A loss is when: A. Revenue is greater than expenses. B. Revenue is less than expenses. C. Revenue is equal to expenses. D. None of the above. pe here to search
Answers (1)
In reviewing his company's operations, a risk manager noticed that all of the company's finished goods were stored in a single warehouse.
Answers (1)
New Questions in Business
7. Debt Irrelevance. Digital Fruit is financed solely by common stock and has outstanding 25 million shares with a market price of $10 a share.
Answers (1)
Which economic system has economic roles that are passed from generation to generation?
Answers (1)
Kyle Carlson invested $10,000 in a savings account paying 12% interest compounded quarterly. Assuming that he makes no withdrawals, how much interest will he earn during the second quarter of the first year?
Answers (1)
If a manager increases the system utilization standard (assuming no change in the customer arrival rate) what happens to the average customer time in the system? A. It increases exponentially. B. It increases proportionally. C.
Answers (1)
Let a be the event that a student is enrolled in an accounting course, and let s be the event that a student is enrolled in a statistics course.
Answers (1)