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Author Question: Reversing entries are journalized and posted before adjusting and closing entries are journalized ... (Read 326 times)

vicotolentino

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Reversing entries are journalized and posted before adjusting and closing entries are journalized and posted.
  Indicate whether the statement is true or false

Question 2

A government is required to use a Debt Service Fund in which of the following cases?
 
  a. Capital leases
  b. All general obligation long-term debt
  c. When financial resources are being accumulated for long-term general government principal and interest maturing in future years
  d. All of the above



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maya.nigrin17@yahoo.com

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Answer to Question 1

F

Answer to Question 2

C





 

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