Franklin City’s serial bonds are services through a debt service fund with cash provided by the general fund. In a debt service fund’s statements, how are cash receipts and payments reported?
Franklin City’s serial bonds are services through a debt service fund with
cash provided by the general fund. In a debt service fund’s statements, how are cash receipts and payments reported?
Options:
Cash receipts Cash payments
a. Revenues Expenditures
b. Revenues Other Financing Uses
c. Other Financing Sources Expenditures
d. Other Financing Sources Other Financing Uses
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