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c . Prepare the entry required to reflect the transfer of funds from the General Fund to the debt service fund. ( You may ignore
c Prepare the entry required to reflect the transfer of funds from the General Fund to the debt service fund. You may ignore the entry in the General Fund.If no entry is required for a transactionevent select No Journal Entry Required" in the first account field. Do not round intermediate calculations.
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tableTransactionFund,Deneral Journal,Debit,Credit Record the transfer of funds.,Cash,,,Debt Service Fund,Other Financing SourcesInterfund Transfers In
d Prepare the journal entries needed to record the first interest payment made on July including the entries required in the debt service fund and any entries required in the governmental activities general ledger at the governmentwide level. Assume that the straightline method is used for premium amortization. If no entry is required for a transactionevent select No Journal Entry Required" in the first account field. Do not round intermediate calculations.
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