Question
Delaware Citys serial bonds are serviced through a debt service fund with cash provided by the general fund. In a debt service funds statements, how
Delaware Citys serial bonds are serviced through a debt service fund with cash provided by the general fund. In a debt service funds statements, how are cash receipts and cash payments reported?
Cash Receipts
a. Revenues b. Revenues c. Other financing sources d. Otherfinancingsources
Cash Payments
Expenditures Otherfinancingsources Other financing use Expenditure
In which of the following fund types of a city government are revenues and expenditures recognized on the same basis of accounting as the general fund? a. Private-purposetrustfunds b. Internal service c. Enterprise d. Debt service
Whichofthefollowingisnotafiduciaryfund? a. Permanentfund b. Agency fund c. Investmenttrustfund d. Pension trust fu
Accountingforpermanentfundscloselyresemblestheaccountingfor a. internalservicefunds. b. general funds. c. enterprisefunds. d. agency fund
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