Caraway County Financed Its New $6,000,000 Courthouse by Issuing General

Multiple Choice

Caraway County financed its new $6,000,000 courthouse by issuing general obligation bonds. In the year financing was secured and construction began, the fund(s) and/or nonfund fund accounts that would most likely be affected would be

A) The General Fund only.
B) The Capital Projects Fund only.
C) The General Fund and the General Capital Assets and General Long-Term Liabilities accounts.
D) The Capital Projects Fund and the General Capital Assets and General Long-Term Liabilities accounts.