When recording a general long-term liability in a governmental fund upon issuing a bond, the credit should be to a bonds payable account.

Name: When recording a general long-term liability in a governmental fund upon issuing a bond, the credit should be to a bonds payable account.
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In governmental funds, long-term liabilities like bonds are not recorded in the fund's accounts; instead, they are reported in the government-wide financial statements.

When Recording a General Long-Term Liability in a Governmental Fund