Question
Annual lease payments A - Are required to be paid from a debt service fund. B - Require payment of interest from a debt service
Annual lease payments
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A - Are required to be paid from a debt service fund.
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B - Require payment of interest from a debt service fund and principal from governmental activities.
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C - Are recorded at both the fund and government-wide levels.
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Are reported in the notes to the financial statements but not within the financial statements themselves.
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Cost Determination A Conceptual Approach
Authors: Joel S. Demski
1st Edition
0813803608, 978-0813803609
