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$97,500 is transferred from the General Fund for the 1/1/YR5 interest payment due on the courthouse fund serial bonds. Interest is accrued as of 12/31/YR4.

image text in transcribed $97,500 is transferred from the General Fund for the 1/1/YR5 interest payment due on the courthouse fund serial bonds. Interest is accrued as of 12/31/YR4. Prepare the journal entry for the events above in the debt service fund in the order the information is given

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