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Which of the following transactions would not be reported as expenditures in a Debt Service Fund? Issuance costs incurred in a refunding bond issuance. Payments
Which of the following transactions would not be reported as expenditures in a Debt Service Fund?
- Issuance costs incurred in a refunding bond issuance.
- Payments to escrow agents with resources transferred from the General Fund.
- Arbitrage rebate.
- Repayment of BANs issued to finance a capital project.
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Financial Accounting A Global Perspective
Authors: Robert Libby, Patricia Libby, Daniel G Short
5th Edition
0071107746, 978-0071107747
