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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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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