For which of the following would a government typically

use
For which of the following would a government typically use a Debt Service Fund?1. Repayment
of term bonds issued to finance construction of a general government office building.2. Amounts
paid to settle long-term claims and judgments liabilities associated with general government
operations.3. Accumulation of resources to be used to repay zero coupon bonds issued to
finance construction of a courtroom annex.4. Payments required by general government capital
leases.5. Repayment of general government special assessment debt that the government
does not guarantee and for which it is not obligated in any other manner.6. Payment upon
retirement to a general government employee of an amount reported as a long-term vacation
pay liability in the General Long-Term Liabilities accounts.7. Repayment of general obligation
bonds issued for Enterprise Fund purposes. Enterprise Fund revenues are intended to be used
to service the debt.8. Repayment (from bond proceeds) of bond anticipation notes issued for a
general government capital project.View Solution: For which of the following would a
government typically use
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