Use the Following Information to Answer Questions

question 46

Multiple Choice

Use the following information to answer questions
Calhoun County makes annual transfers from the general fund to the debt service fund to pay principal and interest on long-term debt.
-When the County makes the transfer the entry in the debt service fund should be

• A)Debit Cash; Credit Revenue.
• B)Debit Cash; Credit Other financing sources-transfer.
• C)Debit Cash; Credit Interest payable.
• D)Debit Cash with fiscal agent; Credit Other financing sources-transfer.

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Definitions:

Stranger Anxiety

A form of distress that young children experience when exposed to people they do not know, typically manifesting around 8 to 12 months of age.

Indifference

A mental state characterized by a lack of interest, concern, or sympathy towards others or a specific event.

Unfamiliar Setting

A situation or environment that is not previously known or experienced by an individual.

Secure Attachment

A type of emotional bond where individuals feel confident and supported, often resulting from consistent and caring interactions in relationships.