Queen Village issued the following bonds during the fiscal year ended June 30, 2006:
Revenue bonds to be repaid from admission fees collected by the Queen Village Zoo
The amount of these bonds to be accounted for in Queen Village's voluntarily maintained General Long-Term Debt Account Group is:
A) $0
B) $200,000
C) $300,000
D) $500,000
Correct Answer:
Verified
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