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Neo
Neo, Bachelor's Degree
Category: Multiple Problems
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Experience:  BS Accounting
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For neo If taxes and/or special assessments

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For neo
If taxes and/or special assessments are levied by the General Fund and then are subsequently transferred to the debt service fund, they are:
Recorded as revenues of the debt service fund
Included in the revenues budget of the general fund and are also budgeted by that fund as transfers out to the debt service fund
Included as transfers out in the General Fund but are not budgeted as revenue in that fund
Recorded as an expense and voucher payable by the general fund and are recorded as a revenue and receivable by the debt service fund
Submitted: 4 years ago.
Category: Multiple Problems
Expert:  Neo replied 4 years ago.
Good day!

Included in the revenues budget of the general fund and are also budgeted by that fund as transfers out to the debt service fund

Thank you so much! :)
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