(Solved by Humans)-Proceeds from bonds issued to construct a new county jail would most likely be recorded in the...
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1. Proceeds from bonds issued to construct a new county jail would most likely be recorded in the journal of the: a. Capital projects fund. b. Debt service fund. c. General Fund. d. Enterprise fund. 2. Debt service funds may be used to account for all of the following except: a. Repayment of debt principal. b. Lease payments under capital leases. c. Amortization of premiums on bonds payable. d. The proceeds of refunding bond issues.
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This question was answered on: 10 May, 2025
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