Are debt service funds used to account for debt service on all long-term obligations of a governmental

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Are debt service funds used to account for debt service on all long-term obligations of a governmental unit? If not, which long-term debt obligations are excluded?

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Advanced Accounting

ISBN: 9780132568968

11th Edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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Question Posted: Oct 15, 2011 11:01 AM

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Are debt service funds used to account for debt service on all long-term obligations of a governmental

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Debt service funds may be used to account for debt service on any lo...View the full answer

Advanced Accounting

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