h. g. f. d. e. 5. A county's Debt Service and Capital Projects Funds had the...

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h. g. f. d. e. 5. A county's Debt Service and Capital Projects Funds had the following resource inflows during 2019. State whether each of the inflows should be reported as revenues or as other financing sources in the fund-level statements of revenues, expenditures and changes in fund balances. a. b. C. Property taxes levied specifically for the Debt Service Fund Cash received from General Fund to finance debt service payments Cash received from General Fund to finance part of the cost of new police headquarters Grant from state to finance part of cost of new police headquarters Proceeds of bonds issued to finance part of the cost of new police headquarters Interest earned on investment of resources being accumulated to finance construction of new police headquarters Increase in fair value of investments being accumulated to finance construction Bond premium received by Debt Service Fund from Capital Projects fund Question 10 0/1 pts Provo, Utah maintains a debt service fund for the payment of principal and interest on its long-term debt. Principal payments are covered by levying property taxes and interest payments are covered through transfers from the General Fund. The first installment of principal ($500,000) and interest ($54,000) is due on 1/1/2018. The entry to record the transfer from the General Fund would include a: Debit to Other Financing Sources-Interfund Transfer for $54,000 Credit to Other Financing Sources-Interfund Transfer for $54,000 Credit to Other Financing Sources-Interfund Transfer for $554,000 Debit to Other Financing Sources-Interfund Transfer for $554,000 Question Completion Status: Path: p QUESTION 11 Which of following choices is not correctly mentioned about "Trade financing"? Short-term financing It is occurred a delay between the supplying and the payment It needs to be paid in full by the due date It is a common practice for a general contractor to finance the majority of a construction project through trade financing h. g. f. d. e. 5. A county's Debt Service and Capital Projects Funds had the following resource inflows during 2019. State whether each of the inflows should be reported as revenues or as other financing sources in the fund-level statements of revenues, expenditures and changes in fund balances. a. b. C. Property taxes levied specifically for the Debt Service Fund Cash received from General Fund to finance debt service payments Cash received from General Fund to finance part of the cost of new police headquarters Grant from state to finance part of cost of new police headquarters Proceeds of bonds issued to finance part of the cost of new police headquarters Interest earned on investment of resources being accumulated to finance construction of new police headquarters Increase in fair value of investments being accumulated to finance construction Bond premium received by Debt Service Fund from Capital Projects fund Question 10 0/1 pts Provo, Utah maintains a debt service fund for the payment of principal and interest on its long-term debt. Principal payments are covered by levying property taxes and interest payments are covered through transfers from the General Fund. The first installment of principal ($500,000) and interest ($54,000) is due on 1/1/2018. The entry to record the transfer from the General Fund would include a: Debit to Other Financing Sources-Interfund Transfer for $54,000 Credit to Other Financing Sources-Interfund Transfer for $54,000 Credit to Other Financing Sources-Interfund Transfer for $554,000 Debit to Other Financing Sources-Interfund Transfer for $554,000 Question Completion Status: Path: p QUESTION 11 Which of following choices is not correctly mentioned about "Trade financing"? Short-term financing It is occurred a delay between the supplying and the payment It needs to be paid in full by the due date It is a common practice for a general contractor to finance the majority of a construction project through trade financing