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  3. Study Set
    Essentials of Accounting Study Set 2
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    Exam 1: Introduction to Accounting and Financial Reporting for Governmental and Not-For-Profit Organizations
  5. Question
    Which of the Following Funds Is Used to Account for the Payment
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Which of the Following Funds Is Used to Account for the Payment

Question 12

Question 12

Multiple Choice

Which of the following funds is used to account for the payment of principal and interest of general long term debt of a government?


A) General Fund
B) Debt Service Fund
C) Agency Fund
D) Capital Projects Fund

Correct Answer:

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