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Title: If a special tax is levied to finance debt service for a particular debt issue, Post by: goji.go on Oct 21, 2014 If a special tax is levied to finance debt service for a particular debt issue, the entry to record the levy in the Debt Service Fund would be
A. Debit Taxes Receivable and credit to Revenues. B. Debit Taxes Receivable and credit to Other Financing Sources. C. Debit Prepaid Assets and credit to Revenues. D. Tax levies may not be reported in a Debt Service Fund. Title: Re: If a special tax is levied to finance debt service for a particular debt issue, Post by: f_zah1 on Oct 22, 2014 Content hidden
Title: Re: If a special tax is levied to finance debt service for a particular debt issue, Post by: goji.go on Oct 23, 2014 Thanks so much f_zah1.
You were correct :D Title: Re: If a special tax is levied to finance debt service for a particular debt issue, Post by: f_zah1 on Oct 23, 2014 You're very welcome!
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