In the capital projects fund
A) Debit Cash $50,000;Credit Revenues $50,000;no other entries required.
B) Debit Cash $50,000;Credit Other financing sources-nonreciprocal transfer-in $50,000;no other entries required.
C) Debit Cash $50,000;Credit Revenues;ALSO Debit Other financing uses-nonreciprocal transfer-out $50,000;Credit Cash $50,000.
D) Debit Cash $50,000;Credit Other financing sources-Bond premium $50,000;ALSO
Correct Answer:
Verified
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