Debt Service Expenditures for Interest Are

Multiple Choice

Debt service expenditures for interest are:

A) Accrued.
B) Recorded when due but may be accrued at year end if the debt service due date is less than 30 days after year end.
C) Recorded when due but may be accrued at year end if the debt service due date is less than 60 days after year.
D) Reported only in the government-wide statements.