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    Advanced Accounting Study Set 14
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    Exam 18: Introduction to Accounting for State and Local Governmental Units
  5. Question
    The Liability for General Obligation Long-Term Debt Is Reported in The
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The Liability for General Obligation Long-Term Debt Is Reported in The

Question 3

Question 3

Multiple Choice

The liability for general obligation long-term debt is reported in the:


A) Debt Service Fund.
B) Capital Projects Fund.
C) Enterprise Fund.
D) none of these.

Correct Answer:

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