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  3. Study Set
    Governmental and Nonprofit Accounting
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    Exam 8: Debt Service Funds
  5. Question
    Equity in a Debt Service Fund Is Known as
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Equity in a Debt Service Fund Is Known as

Question 16

Question 16

Multiple Choice

Equity in a Debt Service Fund is known as


A) Restricted net position.
B) Fund balance.
C) Net investment in capital assets.
D) Unrestricted net position.

Correct Answer:

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