Answer to Question 1
FASB 14, Statement 133 applies on Derivative Instruments and Hedging Activities No 155.
Zero Instruments bearing notes are covered under this FASB. Guidelines of following FASB
is applied on the amount of receivables and payables whic
Your client, Cascade Company, is planning to invest some of its excess cash in 5-year
revenue bonds issued by the county and in the stock of one of its suppliers, Teton Co.
Tetons shares trade on the over-the-counter market. Cascade plans to classify thes
City of Monroe - City Hall Annex Construction Fund
CITY HALL ANNEX CAPITAL PROJECTS FUND
Other Financing SourcesProceeds of Bonds
Other Financing Sources-Premium
Other Financing Uses-Transfers Out