Question
f the governing body contributes $65,000 from the General Fund to a Debt Service Fund, the General Fund statements should report A debt service expenditure
f the governing body contributes $65,000 from the General Fund to a Debt Service Fund, the General Fund statements should report
A debt service expenditure of $65,000
Another financing use of $65,000
A capital contribution of $65,000
A reimbursement of $65,000
None of the above
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
15th Edition
978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960
