Question: 1 . Issued $ 1 0 0 , 0 0 0 of 3 percent bond anticipation notes to cover preliminary planning and engineering expenses. Assume

1 .

Issued $

100, 000

3

percent bond anticipation notes to cover preliminary planning and engineering expenses. Assume this note will be repaid when the bond is issued and thus can be considered long

-

term

. 1

Construction Fundnot attemptednot attemptednot attemptednot attemptednot attemptednot attemptedGovernmental Activities

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