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On April 1,2021. 20-year 4 percent, general obligation serial bonds were swed by Meadow County at the face amount of $1.000.000. Interest of 4 percent
On April 1,2021. 20-year 4 percent, general obligation serial bonds were swed by Meadow County at the face amount of $1.000.000. Interest of 4 percent per year in de semana on April October 1. The first principal payment of $50,000 is due on April 1, 2002. The county's fiscal year-end is December 31. To record interest and principal payment on April 1, 2022. Meadow should Credit cash of $20.000 in debt service fund and governmental activities general joumal Credit interest expenditure of S40.000 in the debt service fund Debit bonds payable of $50,000 in the debt service find Debit est expenditure of $20.000 und principal expenditure of $50.000 in the debt service fund On April 1,2021. 20-year 4 percent, general obligation serial bonds were swed by Meadow County at the face amount of $1.000.000. Interest of 4 percent per year in de semana on April October 1. The first principal payment of $50,000 is due on April 1, 2002. The county's fiscal year-end is December 31. To record interest and principal payment on April 1, 2022. Meadow should Credit cash of $20.000 in debt service fund and governmental activities general joumal Credit interest expenditure of S40.000 in the debt service fund Debit bonds payable of $50,000 in the debt service find Debit est expenditure of $20.000 und principal expenditure of $50.000 in the debt service fund
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