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goji.go goji.go
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Posts: 5977
9 years ago
In what circumstances are Debt Service Funds required to be used in governmental accounting?
      a.   a legal requirement dictates that a Debt Service fund be established
      b.   a government is currently accumulating resources for the payment of principal and interest on long-term debt in future years
      c.   a government issues general obligation bonds
      d.   both a and b
      e.   both a and c
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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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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