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  3. Study Set
    Essentials of Accounting Study Set 3
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    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent
  5. Question
    Debt Service Funds May Be Required to Account for Resources
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Debt Service Funds May Be Required to Account for Resources

Question 76

Question 76

True/False

Debt service funds may be required to account for resources used for interest and principal payments on term and serial bonds, notes, capital , or warrants

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