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During the current year, the Borough of Chittenden transfers $430,000 from the General Fund to the Debt Service Fund to make interest payments. What is
During the current year, the Borough of Chittenden transfers $430,000 from the General Fund to the Debt Service Fund to make interest payments. What is the journal entry to record this transaction in the General Fund?
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Journal Entry for Transfer to Debt Service Fund General Fund Debit Debt Service Fund 430000 ...
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael H. Granof, Saleha B. Khumawala
6th edition
978-1-119-4958, 9781118473047, 1118155971, 1118473043, 978-1118155974
