Question: A town issues serial bonds as partial financing for a library construction project. Revenues to pay the interest payments and installments will be raised from
A town issues serial bonds as partial financing for a library construction project. Revenues to pay the interest payments and installments will be raised from a special sales tax recorded directly in the debt service fund. Residual equity is expected to be transferred from the Library Capital Projects Fund. The Serial Bond Debt Service Fund entry to record the budget will include debits to which of the following?
Multiple select question.
Estimated Revenues
Appropriations
Estimated Appropriations
Estimated Other Financing Sources
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