he fund that records the payment of principal and interest associated with long-term debt is the _________________, and the fund that records construction project activity is the _______________. None of these capital projects fund; debt service fund general fund; permanent fund capital projects fund; general fund debt service fund; capital projects fund
he fund that records the payment of principal and interest associated with long-term debt is the _________________, and the fund that records construction project activity is the _______________. None of these capital projects fund; debt service fund general fund; permanent fund capital projects fund; general fund debt service fund; capital projects fund
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The fund that records the payment of principal and interest associated with long-term debt is the _________________, and the fund that records construction project activity is the _______________.
|
None of these |
|
capital projects fund; debt service fund |
|
general fund; permanent fund |
|
capital projects fund; general fund |
|
debt service fund; capital projects fund |
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