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  3. Study Set
    Essentials of Accounting Study Set 3
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    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent
  5. Question
    When Bonds Are Sold to Construct a Capital Asset Through
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When Bonds Are Sold to Construct a Capital Asset Through

Question 22

Question 22

True/False

When bonds are sold to construct a capital asset through a capital projects fund, an entry would be made to debit Cash and credit Bonds Payable in the capital projects fund.

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