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Prepare a Balance sheet for the Debt Service Fund Debt Service Fund 12/31/16 1 2 3 4 12/31/17 Cash - no 70,000 (40,000) no 30,000
Prepare a Balance sheet for the Debt Service Fund
| Debt Service Fund | 12/31/16 | 1 | 2 | 3 | 4 | 12/31/17 | ||||||
| Cash | - | no | 70,000 | (40,000) | no | 30,000 | ||||||
| Fund balance | - | entry | entry | - | ||||||||
| Revenue-accrued interest | - | required | (28,000) | required | (28,000) | |||||||
| Other financing sources-bond premium | - | (70,000) | 28,000 | (42,000) | ||||||||
| Expenditures-bond interest | - | 40,000 | 40,000 |
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Independent Review For Banks The Complete BSA AML Audit Workbook
Authors: Howard Steiner, Stephen L. Marini
1st Edition
0615237908, 978-0615237909
