Acounty accounts for its debt service payments in the debt service fund. the amount of unmatured, unpaid interest on general long-term liabilities at the beginning of the year was $122,000. the ending balance was $165,000. the debt service fund made principal payments of $600,000 and interest payments of $150,000 during the year. the debt service fund should report expenditures for debt service for the year of
a. $150,000.
b. $722,000
c. $750,000
d.$793,000.
Answers: 2
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Acounty accounts for its debt service payments in the debt service fund. the amount of unmatured, un...
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