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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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    A Transfer from the General Fund to a Debt Service
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A Transfer from the General Fund to a Debt Service

Question 145

Question 145

Multiple Choice

A transfer from the General Fund to a debt service fund to make annual payments on principal and interest would be recorded in the debt service fund as a an:


A) Other Financing Source.
B) Revenue.
C) Direct addition to Fund Balance.
D) Other Financing Use.

Correct Answer:

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