Notes to the financial statements of a state or local government should include a schedule,or summary,of annual debt service requirements (principal and interest payments)for the year following the balance sheet date and for all subsequent years until the final maturity of debt outstanding on the balance sheet date.
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Q1: All long-term debt,including bonds,notes or warrants,and various
Q6: Both general capital assets acquired or constructed
Q6: In a particular debt service fund journal
Q10: Debt backed by both special assessments and
Q11: Debt margin is the difference between the
Q13: Disclosures about long-term liabilities should be included
Q14: Taxes for debt service are always levied
Q15: Installments of special assessments to be collected
Q15: Debt limit is a term used to
Q17: Since the debt of a government is
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