Serial Bond Debt Service Fund Journal Entries and Financial Statements

Follow instructions on paper

1. Journal entries (1-9)

2. Balance sheet year ended 12/31/2008

3. Statement of revenues, expenditures, and changes in fund balances for debt service fund year ended 12/31/2008

4. Prepare schedules of revenues, expenditures and changes in fund balance – budgeted and actual for the fund year ended 12/31/2008