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goji.go goji.go
wrote...
Posts: 5977
9 years ago
Assume that a Debt Service Fund does not have nonspendable fund balance. Further assume that after restricted and committed levels of fund balance have properly identified, the remaining balance is a deficit. This deficit fund balance should
A.   Be reported as negative assigned fund balance.
B.   Be reported as a negative unassigned fund balance.
C.   Be reported as a negative nonspendable fund balance.
D.   Be netted against the positive committed fund balance.
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4 Replies
Diesel
Replies
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!
wrote...
4 years ago
Thanks!
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