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    Accounting for Governmental Study Set 1
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    Exam 6: Accounting for General Long-Term Liabilities and Debt Service
  5. Question
    Installments of Special Assessments to Be Collected Within One Year
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Installments of Special Assessments to Be Collected Within One Year

Question 37

Question 37

True/False

Installments of special assessments to be collected within one year are recorded as Assessments Receivable-Current; installments due in periods after one year are recorded as Assessments Receivable-Deferred.

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