On December 1, $125,000 was deposited with a fiscal agent for payment on bonds payable in the amount of $90,000 and interest payable for $35,000 due maturing on the last day of December. This will require a debit of

a. $125,000 to the Expenditure account in the General Fund

b. $35,000 to the Expenditure account in the General Fund.
c. $125,000 to the Other Financing Uses--Transfers Out account in the General Fund.
d. $35,000 to the Expenditure account in the Debt Service Fund.

c

Business

You might also like to view...

In the context of the external environments that influence organizations, which of the following is a difference between the general environment and the specific environment?

Question options: Unlike the specific environment, the general environment includes customers, competitors, and suppliers. Unlike in the specific environment, in the general environment, proactive monitoring takes place that addresses customers' needs before they occur. Unlike the specific environment, the general environment is responsible for indirectly affecting all organizations. Unlike in the specific environment, in the general environment, a shrinking economy is directly related to consumers willing to spend more to purchase products.

Business

The marketing logic by which a company hopes to create customer value and achieve profitable customer relationships is referred to as the ________

A) price B) marketing implementation C) value chain D) marketing strategy E) downsizing

Business