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A governmental fund receives the proceeds from a new long-term debt obligation. They would record the receipt of cash as a debit and would
A governmental fund receives the proceeds from a new long-term debt obligation. They would record the receipt of cash as a debit and would record which of the following as the credit: O a. other financing sources-bond proceeds O b. debt service fund Oc nothing it doesn't belong in a fund statement O d. bonds payable Oe long term debt
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