Question 23 Tuston Township issued the following bonds during the year ended June 30, Year 1:...

 

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Question 23 Tuston Township issued the following bonds during the year ended June 30, Year 1: Bonds issued for the garbage collection enterprise fund that will service the debt $700,000 Revenue bonds to be repaid from admission fees collected by the Township zoo enterprise fund 500,000 What amount of these bonds should be accounted for in Tuston's government-wide financial statement as a liability resulting from governmental activities? $1,200,000 $700,000 $500,000 ✔ $0 A Moving to another question will save this response. 2.5 points Saved >> Close Window Question 23 Tuston Township issued the following bonds during the year ended June 30, Year 1: Bonds issued for the garbage collection enterprise fund that will service the debt $700,000 Revenue bonds to be repaid from admission fees collected by the Township zoo enterprise fund 500,000 What amount of these bonds should be accounted for in Tuston's government-wide financial statement as a liability resulting from governmental activities? $1,200,000 $700,000 $500,000 ✔ $0 A Moving to another question will save this response. 2.5 points Saved >> Close Window

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