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Delaware City’s serial bonds are serviced through a debt service fund with cash provided by the general fund. In a debt service fund’s statements, how are cash receipts and cash payments reported?          Cash Receipts                 Cash Paymentsa.           Revenues                            Expendituresb.          Revenues Other                 financing sourcesc.          Other financing sources    Other financing used.         Other financing sources    Expenditure

Delaware City’s serial bonds are serviced through a debt service fund with cash provided by the general fund. In a debt service fund’s statements, how are cash receipts and cash payments reported?          Cash Receipts                 Cash Paymentsa.           Revenues                            Expendituresb.          Revenues Other                 financing sourcesc.          Other financing sources    Other financing used.         Other financing sources    Expenditure

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Delaware City’s serial bonds are serviced through a debt service fund with cash provided by the general fund. In a debt service fund’s statements, how are cash receipts and cash payments reported?
          Cash Receipts                 Cash Payments
a.           Revenues                            Expenditures
b.          Revenues Other                 financing sources
c.          Other financing sources    Other financing use
d.         Other financing sources    Expenditure

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