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    Essentials of Accounting Study Set 3
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    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent
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    When Accounting for Interest Expenditures Through Debt Service Funds, Interest
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When Accounting for Interest Expenditures Through Debt Service Funds, Interest

Question 47

Question 47

True/False

When accounting for interest expenditures through debt service funds, interest is required to be accrued at year-end.

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