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    Essentials of Accounting Study Set 3
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    Exam 8: Government-Wide Statements: Capital Assets; Long-Term Debt
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    General Long-Term Debt, to Be Paid Out of Resources of the Government's
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General Long-Term Debt, to Be Paid Out of Resources of the Government's

Question 83

Question 83

True/False

General long-term debt, to be paid out of resources of the government's taxing power, is reported in both the governmental fund Balance Sheet and the government-wide Statement of Net Position.

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