How should the proceeds of debt be reported in a governmental fund's statement of revenues, expenditures, and
Question:
a. As a revenue
b. As an "other financing source"
c. As an extraordinary item
d. As an addition to the fund balance at the beginning of the period
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Related Book For
Introduction to Governmental and Not for Profit Accounting
ISBN: 978-0132776011
7th edition
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
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