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The school district transferred $150,000 from its general fund to its debt service fund to make its required March 31, 20x1 interest payment. This amount

The school district transferred $150,000 from its general fund to its debt service fund to make its required March 31, 20x1 interest payment. This amount was paid from the debt service fund when due. It represented interest on $8 million of bonds that were issued, at par, on September 30, 2014. The next interest payment of $150,000 is due on September 30, 20x1. The district also transferred $75,000 from the general fund to the debt service fund to provide for the eventual repayment of principal.

6. Amount that the government should recognize as total debt service expense in its government-wide statements. The answer is 275,000, but I dont know how to get it.

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