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.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Both general capital assets acquired or constructed
Q2: Special assessment debt is not recorded in
Q3: Which of the following statements is always
Q3: Since the debt of a government is
Q5: Which of the following is a true
Q6: Explain the essential differences between regular serial
Q7: The following key terms from Chapter 6
Q9: Premiums received on tax-supported bonds are generally
Q10: Notes to the financial statements of a
Q11: In the current fiscal year,Casper County issued