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$97,500 is transferred from the General Fund for the 1/1/YRS interest payment due on the courthouse fund serial bonds. Interest is accrued as of 12/31/YR4.
$97,500 is transferred from the General Fund for the 1/1/YRS 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. Account Debited [Select] [Select] Account Credited Amount Debited 97,500 Amount Credited [Select] 97,500 97,500 Select] 97.500 Prepare the journal entry for the event above in the general fund. Account Debited [Select] Account Credited [Select] Amount Debited. Amount Credited 97,500 97,500
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