Question 7 With respect to Debt Service Funds, which of the following is not correct? O Encumbrances are recorded to reflect principal payments that are expected to come due within the current accounting period b. In most cases, interest and principal payments are not recorded until payment is due. Oc. There are two types of debt service expenditures: interest and principal Od. Typically, resources are provided through transfers from the General or other funds. 8 Moving to another question will save this response. hp