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  3. Study Set
    Essentials of Accounting Study Set 3
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    Exam 1: Introduction to Accounting and Financial Reporting for Governmental and Not-For-Profit Organizations
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    Which of the Following Funds Is Used to Account for the Payment
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Which of the Following Funds Is Used to Account for the Payment

Question 13

Question 13

Multiple Choice

Which of the following funds is used to account for the payment of principal and interest of general long term debt of a government?


A) Capital Projects Fund
B) Internal Service Fund
C) Agency Fund
D) Debt Service Fund

Correct Answer:

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