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The general fund transfers $1,100,000 to the debt service fund. $100,000 of this is for interest expense and $1,000,000 of this is for payment of principal. What should the DEBIT entry be for the general fund? a. $1,100,000 Nonreciprocal transfer to debt service b. $100,000 in interest expense and $1,000,000 to notes payable c. debt service expenditure d. $100,000 in interest expenditure and $1,000,000 to notes payable e. cash You get a letter from the city attorney that states that in 2021 your city will have to pay a $6 million judgment. The event occurred in 2018 The parties agreed to settlement in 2020 It will be paid in 2021 Which is the year that it will be reflected in the government-wide statements? For this assume that until the settlement agreement, there was no reasonably estimated projection. a. 2018 b. 2021 C. 2020 d. 2019 e. 2017