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  3. Study Set
    Accounting for Governmental Study Set 1
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    Exam 6: Accounting for General Long-Term Liabilities and Debt Service
  5. Question
    At Year-End,budgetary and Operating Statement Accounts of a Debt Service
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At Year-End,budgetary and Operating Statement Accounts of a Debt Service

Question 73

Question 73

True/False

At year-end,budgetary and operating statement accounts of a debt service fund are closed in the same manner as are those of a General Fund or special revenue funds.

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