Question: How should the proceeds of debt be reported in a governmental fund's statement of revenues, expenditures, and changes in fund balances? a. As a revenue

How should the proceeds of debt be reported in a governmental fund's statement of revenues, expenditures, and changes in fund balances?
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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