How would the government account for the unused bond proceeds?
A) As an other financing source in the government-wide Statement of Activities.
B) As an other financing source in the debt service fund and as an other financing use in the capital projects fund
C) As a revenue in the debt service fund and as an expenditure in the capital projects fund.
D) As an other financing source in the capital projects fund and as an other financing use in the debt service fund.
Correct Answer:
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