Weaver Corporation pays its debt service costs in full each month. April debt service costs are budgeted at $9,000. However, of this amount, only $1,000 represents a reduction of principal. The company expects to issue no new debt during the month.
What cash disbursement amount will be shown on Weaver's debt service budget? $_____________

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The Answer of Weaver Corporation pays its debt service costs in full each month. April debt service costs are budgeted at $9,000. However, of this amount, only $1,000 represents a reduction of principal. The company expects to issue no new debt during the month.
What cash disbursement amount will be shown on Weaver's debt service budget? $_____________

Weaver Corporation Pays Its Debt Service Costs in Full Each