In Which of the Plant Fund Subgroups Would You Find

question 32

Multiple Choice

In which of the plant fund subgroups would you find the following transaction: A bond principal payment is made on a bond that was issued with the proceeds being designated for construction of a new athletic facility?​

• A)​Unexpended plant fund
• B)​Investment in plant asset
• C)​Plant fund for retirement of indebtedness
• D)​Plant fund for renewals

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