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  3. Study Set
    Accounting for Governmental Study Set 1
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    Exam 6: Accounting for General Long-Term Liabilities and Debt Service
  5. Question
    If a Debt Service Fund Is Used,capital Lease Payments for General
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If a Debt Service Fund Is Used,capital Lease Payments for General

Question 4

Question 4

True/False

If a debt service fund is used,capital lease payments for general capital assets should be recorded by a debt service fund rather than the fund using the leased asset.

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