Cash received from the General Fund to service general long-term liabilities would be reported as a direct addition to the Fund Balance account of the Debt Service Fund.
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Q59: Because the GCA-GLTL g/l reflects accumulated depreciation,
Q60: Interest on general obligation bonds is recorded
Q61: Debt Service Funds account only for interest
Q62: Encumbrance accounting is not appropriate for Debt
Q63: Debt Service Funds usually have no fund
Q65: Debt Service Funds do not report accrued
Q66: Debt Service Funds report the amount of
Q67: Debt Service Funds do not report either
Q68: General long-term liabilities include liabilities that will
Q69: General long-term liabilities include only debt not
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