The Entry in the Capital Projects Fund to Record the Additional

question 28

Multiple Choice

The entry in the capital projects fund to record the additional funding for the construction should be

• A)Debit Due from general fund $0.5 million; Credit Other financing sources-nonreciprocal transfer-in $0.5 million.
• B)Debit Due from general fund $0.5 million; Credit Revenue $0.5 million.
• C)Debit Cash $0.5 million; Credit Due to general fund $0.5 million.
• D)Debit Other financing sources $0.5 million; Credit Due to general fund $0.5 million.
• Use the following information to answer questions 10 and 11
• Voters in Phillips City approved the construction of a new city hall building and approved a $5 million bond issue with a stated rate of interest of 6 percent to fund the construction.When the bonds were issued, they sold for 101.What are appropriate entries related to the premium?

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Definitions:

Howard Gardner's

Refers to Howard Gardner's theory of multiple intelligences, which posits that individuals have different kinds of intelligences, including linguistic, logical-mathematical, spatial, musical, bodily-kinesthetic, interpersonal, intrapersonal, and naturalist.

Aptitude

The potential to master a specific skill, or to learn a certain body of knowledge.

Achievement

The process of using one's skills and efforts to reach a goal or accomplish something, often recognized through rewards, success, or the fulfillment of objectives.

Selective Optimization With Compensation

A strategy for improving overall functioning by focusing on strengths, compensating for weaknesses, and selecting tasks that minimize limitations.