What is the purpose of a debt service fund? Does a debt service fund require budgeting? Why

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What is the purpose of a debt service fund? Does a debt service fund require budgeting? Why or why not?

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-0078025822

17th edition

Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson

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Question Posted: Oct 24, 2016 04:50 AM

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What is the purpose of a debt service fund? Does a debt service fund require budgeting? Why

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A debt service fund exists to record and manage not only payment...View the full answer

Accounting for Governmental and Nonprofit Entities

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