Question: ** this professors makes us check our work in a plagerism checker before we can submit the work 5. Typically governments issue bonds to finance

** this professors makes us check our work in a plagerism checker before we can submit the work

5. Typically governments issue bonds to finance the cost of long-term construction projects. Initially, the bond proceeds are recorded in the debt service funds (more on that in Week 4), and then transferred to the capital projects funds to pay for construction expeditures. Provide an example of the journal entry that transfers the proceeds from the debt service funds of $1.0 million into the capital projects funds.

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