On April 1, 2021, 20-year, 4 percent, veral obligation serial bonds were in aed by Mondow County at the face amount of 51.000.000. Interest of 4 percent per year is die semiannually on April wd October 1 The first principal payment of $50,000 is due on April 1, 2022. The county fiscal year end is December 31. To second interest and principal payment on April 1, 20:22. Meadow should Credit cash of $20,000 in debt service und and governmental activities general jamal Credit creat expenditure of S40,000 in the debt service fund Debit bonds payable of S50,000 in the debt service fund Debit interest expenditure of $20,000 and principal expenditure of $50,000 in the debt service fund