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6 Which of the following is least likely to appear on the balance sheet of a capital projects fund? a. cash b. investments c. reserve

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Which of the following is least likely to appear on the balance sheet of a capital projects fund? a. cash b. investments c. reserve for encumbrances d. construction in progress Unmatured principal and interest on general long-term debt are not considered current liabilities for the debt service fund. Select one: True False

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