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Ishak City uses a debt service fund to service its general obligation bonds. During the fiscal year ended April 30, 2021, the City's general fund

Ishak City uses a debt service fund to service its general obligation bonds. During the fiscal year ended April 30, 2021, the City's general fund transfers $4,000,000 to the debt service fund. Record the necessary journal entries in the general fund and in the debt service fund.

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