The debt service transactions of a special assessment bond issue for which the government is not obligated in any manner should be reported in a(n)
a) Agency fund
b) Enterprise fund
c) Special revenue fund
d) Debt service fund
Answer: A
The debt service transactions of a special assessment bond issue for which the government is not obligated in any manner should be reported in a(n)
a) Agency fund
b) Enterprise fund
c) Special revenue fund
d) Debt service fund
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