Proceeds of debt issued to finance a capital project should be reported in a capital projects fund as a liability until the project is completed.
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Q5: When bonds are issued at a premium,
Q6: When bonds are issued at a discount,
Q7: Arbitrage is the process of negotiating resolution
Q8: The resources to service all general long-term
Q9: Special assessment debt to be paid from
Q11: In which fund type would a government's
Q12: When governments establish capital projects funds, they
Q13: Special assessments are imposed nonexchange transactions, similar
Q14: Capital projects funds do not report long-term
Q15: A government can lock in savings due
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