The Sheriff's office collects real estate taxes and remits these to the School Board, pays to satisfy bond obligations and makes distributions to other agencies. The Sheriff's office would place these funds into a(n): a. debt service trust funds b. Private purpose trust funds c. Pension trust funds d. Investment trust funds e. Agency trust funds f. Internal service trust funds g. capital projects trust funds h. special revenue trust funds For enterprise fund's Statement of Net Assets, the financial presentation can be shown as Assets less Liabilities equals Fund Balance (sometimes called net assets). True or False Select one: True False These bonds are intended to have a portion of the outstanding principal redeemed each year a. callable bonds b. term bonds c. serial bonds d. demand bonds e. convertible bonds These bonds are due whenever the creditor asks for the bonds to be paid a. callable bonds b. term bonds c. serial bonds d. demand bonds e. convertible bonds