On March 2, 2021, Finch City issued ten-year general obligation bonds at face value, with interest payable on March 1 and September 1. The proceeds were to be used to finance the construction of a civic center over the period April 1, 2021, to March 31, 2022. During the fiscal year ended June 30, 2021, no resources had been provided to the debt service fund for the payment of principal and interest. On June 30, 2021, Finch’s debt service fund should include interest payable on the general obligation bonds for __________.

Question

07-05-2021
Business

Answered

Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Discover in-depth answers to your questions from a wide network of experts on our user-friendly Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

On March 2, 2021, Finch City issued ten-year general obligation bonds at face value, with interest payable on March 1 and September 1. The proceeds were to be used to finance the construction of a civic center over the period April 1, 2021, to March 31, 2022. During the fiscal year ended June 30, 2021, no resources had been provided to the debt service fund for the payment of principal and interest. On June 30, 2021, Finch’s debt service fund should include interest payable on the general obligation bonds for __________.

Sagot :

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.

Which of the following elements of the Committee of Sponsoring Organizations provides assessment capabilities and uncovers vulnerabilities? a. Risk assessment b

What is the net (take-home) pay for an individual with the expenses shown, who has a gross income of [tex] \$41,000 [/tex]?Tax Table:\begin{tabular}{|l|r|}\hlin

Which one is a function of an application?A. Allowing human control of the computerB. Managing computer softwareC. Managing computer hardwareD. Doing quick calc

Understanding Big Ideas: Causality1. The growth of Spanish-language media is one example of how the Act increased cultural diversity.2. United States involvemen

Which equation represents a line that is perpendicular to the line represented by [tex]$-\frac{3}{4} x + y = 6$[/tex]?A. [tex]y = -\frac{3}{4} x - 2[/tex]B. [te

Using the order of operations, what should be done first to evaluate [tex]$(-4)^2+6+(-3+4)(2)-5$[/tex]?A. Subtract 5 from 2.B. Divide 6 by -3.C. Add -3 and 4.

A professor is trying to determine if her students guessed on a certain multiple-choice question. She expects that if the students guessed, the distribution of

Availability heuristic theory as an interpretation to fear of crime, simply:a. Refers to the belief system of someone regarding the possibilities of something t

In cybersecurity, what term describes a secure storage mechanism that uses encryption to protect sensitive data such as passwords and personal information?A. Se

Janet wants to solve the equation [tex]y+\frac{y^2-5}{y^2-1}=\frac{y^2+y+2}{y+1}[/tex]. What should she multiply both sides of the equation by?A. [tex]y[/tex]

batolisis batolisis · Answer 1 · 2021-05-12T06:07:56-04:00

Answer:

zero ( 0 ) months

Explanation:

Finch's debt service funs should include interest payable on the general obligation Bonds for zero ( 0 ) months

Given that the general obligation bond was issued on March 2 2021 the interest payable on March 1 2021 will not be Included on June 30 2021 Finch's debt service fund. since that date marks the end of the fiscal year ( 2021 ) and the bond was issued beyond that date and no resource have been provided as well.

Sagot :

Other Questions