If the Governing Body Contributes $65,000 from the General Fund

question 30

Multiple Choice

If the governing body contributes $65,000 from the General Fund to a Debt Service Fund, the General Fund statements should report

• A) A debt service expenditure of $65,000.
• B) An other financing use of $65,000.
• C) A capital contribution of $65,000.
• D) A reimbursement of $65,000.

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