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    Essentials of Accounting Study Set 3
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    Exam 4: Accounting for the General and Special Revenue Funds
  5. Question
    The Debt Service Fund Would Record the Receipt of Money
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The Debt Service Fund Would Record the Receipt of Money

Question 117

Question 117

True/False

The Debt Service Fund would record the receipt of money from the General Fund as nonoperating revenue on the activities Statement of Revenues, Expenditures, and Changes in Fund Balance.

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