Which of the following transactions would not be reported as an expenditure in a Capital Projects Fund?
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Question:
A. Payment of construction costs.
B Bond issue costs.
C. Bond discounts.
D. Insurance on short-term debt issued to finance the capital project.
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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