Multiple Choice
Which of the following would not be an adjustment for long-term debt when preparing government-wide financial statements?
A) Changing Other Financing Sources - Proceeds of Bonds to Bonds Payable
B) Changing Expenditures - Bonds Principle to Bonds Payable
C) Recording the cash received from a debt issue
D) Amortizing bond premiums
Correct Answer:
Verified
Correct Answer:
Verified
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