determine whether each item would be included in the following funds and account gro 614461

Bonds, various funds/groups. During 20X1, Krona City issued bonds for financing the construction of a civic center and bonds for financing improvements in the environmental controls for its water and sewer enterprise. The latter bonds require a sinking fund for their retirement. Items 1–4 represent items Krona should report in its 20X1 financial statements. Determine whether each item would be included in the following funds and account groups.

A. General fund.

B. Enterprise funds.

C. Capital projects funds.

D. Debt service funds.

E. General fixed assets account group.

F. General long-term debt account group.

1. Bonds payable.

2. Accumulated depreciation.

3. Amounts identified for the repayment of the two bond issues.

4. Reserved for encumbrances.