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A government issued $5,000,000 par of capital improvement bonds for a general government project. The bonds were issued at a discount of 1% of par.

A government issued $5,000,000 par of capital improvement bonds for a general government project. The bonds were issued at a discount of 1% of par.
The General Fund transferred $200,000 to the Debt Service Fund to be set aside for future debt service. Record the journal in the Debt Service Fund for
the bond issuance and the transfer from the General Fund.

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