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please type the answer on computer 08-2 (Journal Entries and Statements-Hawaii County, Hawall) The July 1, 20X5, trial balance for the Bond Redemption and Interest
please type the answer on computer
08-2 (Journal Entries and Statements-Hawaii County, Hawall) The July 1, 20X5, trial balance for the Bond Redemption and Interest Debt Service Fund of the County of Hawai, Hawaii, is presented here. The resources of the fund are committed to debt service. County of Hawaii Bond Redemption and Interest Debt Service Fund Trial Balance July 1, 20X5 Debit Credit Cash and chuva 515 374722 Accrued interest payable S 332.064 Fund balance 15 041 755 Total $15374722 315 32 The County had the following transactions in Bond Redemption DSF from July 1 20x5 through June 30, 20X6 Fund balance 15041.758 Total $15 374.722 S15 374722 The County had the following transactions in its Bond Redemption DSF from July 1, 2005, through June 30, 20X6 1. Paid accrued interest when due, July 18, 20X5. 2. Received transfers of unassigned resources from the General Fund totaling $105,396.619 3. Pald principal ($12,878,605) and interest ($9,776,065) on the bonds 4. Purchased $7,300,000 of investments 5. An interest payment of $320,521 is due and payable on Juy 18,20x6. Required a Prepare the General Ledger general journal entries required to record the preceding transactions and information for the Bond Redemption and Interest DSF of the County of Hawail for the fiscal year ended June 30, 20X0 t. Prepare the required financial statements for this DSF for the 20X5-20X6scal year Step by Step Solution
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