Which of the following may be accounted for either as a fund liability or a general longterm
Question:
Which of the following may be accounted for either as a fund liability or a general longterm liability?
a. Bond anticipation notes.
b. Grant anticipation notes.
c. Tax anticipation notes.
d. Revenue anticipation notes.
e. All of the above may be accounted for either as a fund liability or as a general long-term liability.
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Related Book For
Governmental And Nonprofit Accounting Theory And Practice
ISBN: 9780132552721
9th Edition
Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,
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