What the debt service fund statement of revenues


A Debt Service Fund received a $100,000 payment from the General Fund to finance upcoming debt service payments. During the year, Debt Service Fund payments of $50,000 interest and $60,000 principal were made as they become due. what the Debt Service Fund statement of revenues, expenditures, and changes in fund balance should report ?

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Accounting Basics: What the debt service fund statement of revenues
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