Accounting For Governmental And Not For Profit Entities
Accounting For Governmental And Not For Profit Entities
17th Edition
ISBN: 9781308700441
Author: RECK
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 6, Problem 16.3EP

The liability for long-term debt issued to finance a capital project will appear in which financial statement?

  1. a.      Government-wide statement of net position.
  2. b.      Capital projects fund balance sheet.
  3. c.       Debt service fund balance sheet.
  4. d.      General Fund balance sheet.
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