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  3. Study Set
    Governmental and Nonprofit Accounting Study Set 1
  4. Exam
    Exam 8: Debt Service Funds
  5. Question
    Which of the Following Types of Transactions Would Not Potentially
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Which of the Following Types of Transactions Would Not Potentially

Question 1

Question 1

Multiple Choice

Which of the following types of transactions would not potentially be reported as expenditures in a Debt Service Fund?


A) Retirement of debt principal.
B) Interest on long-term debt.
C) Discounts on refunding debt.
D) Bond issuance costs.

Correct Answer:

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