6. A debt service fund should be used to account for the payment of interest and principal on a. debt recorded in the general long-term debt account group or similar list. b. debt secured by the...


6. A debt service fund should be used to account for the payment of interest and principal on


a. debt recorded in the general long-term debt account group or similar list.


b. debt secured by the revenues of an enterprise fund.


c. debt recorded as a liability in the general fund.


d. all of the above.



May 02, 2022
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