Question
A city's Debt Service Funds have which of these fund balance classifications (mark all that apply): Unassigned fund balance Assigned fund balance Restricted fund balance
A city's Debt Service Funds have which of these fund balance classifications (mark all that apply):
Unassigned fund balance | ||
Assigned fund balance | ||
Restricted fund balance | ||
Nonspendable fund balance | ||
Committed fund balace |
Which statement best describes the amount of Council and Public Election General Obligation Debt sold and retired during the year.
The city retired more general obligation bonds than it issued. | ||
The city issued general obligation bonds but did not retire any. | ||
The city issued more general obligation bonds than it retired. | ||
The city retired general obligation bonds but did not issue any. |
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