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Debt Service Fund 9. The premium was received from the Eagleton Capital Projects Fund (amount...

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Accounting

Debt Service Fund

9. The premium was received from the Eagleton Capital Projects Fund (amount from #2 above)

10. The Debt Service Fund received a transfer from the General Fund for $600,000.

11. The Debt Service Fund paid the first interest payment of $120,000 and the first principal payment of $240,000.

12. The Debt Service fund paid the second interest payment of $108,000.

13. The Debt Service Fund was closed. Record the closing entry.

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