Select the key term that relate to accounting for general long-term liabilities and debt service from the list that best matches with the following definition.
A. Legal defeasance
B. Regular serial bonds
C. In-substance defeasance
D. Irregular serial bonds
E. Debt limit
F. Annuity serial bonds
G. Debt margin
________ 1. A transaction in which cash or other assets are placed into an irrevocable trust for the benefit of debt holders
________ 2. Bonds for which the amount of annual principal repayments is scheduled to increase each year by approximately the same amount that interest payments decrease
________ 3. Bonds payable in which the total principal is repayable in a specified number of equal annual installments
________ 4. The maximum amount of gross or net debt that is legally permitted
________ 5. A transaction in which debt is legally satisfied based on certain provisions in the debt instrument even though the debt has not been repaid

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The Answer of Select the key term that relate to accounting for general long-term liabilities and debt service from the list that best matches with the following definition.
A. Legal defeasance
B. Regular serial bonds
C. In-substance defeasance
D. Irregular serial bonds
E. Debt limit
F. Annuity serial bonds
G. Debt margin
________ 1. A transaction in which cash or other assets are placed into an irrevocable trust for the benefit of debt holders
________ 2. Bonds for which the amount of annual principal repayments is scheduled to increase each year by approximately the same amount that interest payments decrease
________ 3. Bonds payable in which the total principal is repayable in a specified number of equal annual installments
________ 4. The maximum amount of gross or net debt that is legally permitted
________ 5. A transaction in which debt is legally satisfied based on certain provisions in the debt instrument even though the debt has not been repaid

Select the Key Term That Relate to Accounting for General