Multiple Choice
If the governing body contributes $65,000 from the General Fund to a Debt Service Fund, the General Fund statements should report
A) A debt service expenditure of $65,000.
B) An other financing use of $65,000.
C) A capital contribution of $65,000.
D) A reimbursement of $65,000.
Correct Answer:
Verified
Correct Answer:
Verified
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