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  3. Study Set
    Advanced Accounting
  4. Exam
    Exam 10: State and Local Governments: Introduction and General Fund Transactions
  5. Question
    Accumulation of Money to Be Used to Pay the Interest
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Accumulation of Money to Be Used to Pay the Interest

Question 146

Question 146

Multiple Choice

Accumulation of money to be used to pay the interest on general obligation bonds is reported in a:


A) Special revenue fund.
B) Custodial fund.
C) Permanent fund.
D) Debt service fund.

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