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goji.go goji.go
wrote...
Posts: 5977
9 years ago
What is the purpose of a Debt Service Fund?
      a.   to account for resources that are restricted or otherwise limited to pay the debt service on all debt of the government, including Enterprise fund debt and short-term debt used to finance General Fund operations
      b.   to account for resources that are restricted or otherwise limited to pay principal and interest on general long-term debt
      c.   to account for resources that are restricted or otherwise limited to pay the debt service on all long-term debt of the government, and also to show how much long-term debt is outstanding
      d.   to provide a means of reporting all outstanding long-term debt of the government in a single location
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3 Replies
Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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