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Record the Journal entry for the debt service payment* (Take note of the cash on hand-TIF funds) Real estate acct* $80,500.00 + $25,000.00 Interest Due:

Record the Journal entry for the debt service payment*
(Take note of the cash on hand-TIF funds)
Real estate acct*
image text in transcribed
image text in transcribed
$80,500.00 + $25,000.00 Interest Due: Total Principal Due: Principal Deposit Due: Cash on Hand - TIF Funds: Net Due: - $78,053.26 $27,446.74 LIJN FLLF, SENIES ZUID Invoice for Debt Service Payment on 3/15/2020 Cusip Maturity Accrual Accrual End No. of Days 192892GPO 9/15/2037 9/15/2019 3/14/2020 180 Principal Balance Interest Principal Premium interest Rate 7.00% Discount $2,300,000,00 $2,300,000.00 $80,500.00 $80,500.00 $25,000.00 $25,000.00 580,500.00 +$25,000.00 Interest Due: Total Principal Due: Principal Deposit Due: Cash on Hand - TIF Funds: Net Due: - $78,053.26 $27,446.74 PAYMENT SUMMARY Total Interest Due: Total Principal Due: S80,500.00 + $25,000.00 Total Credits: - $78,053.26 $27,446.74 TOTAL DUE 3/16/2020 Notes

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