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Business, 21.11.2019 04:31 strodersage

Acity sells $15 million of general obligation bonds on october 1, 2019. the bonds mature at the rate of $1 million a year each september 30, starting september 30, 2020. the amount due september 30, 2020 is paid. also, the current year's annual interest on the bonds of $450,000 was paid on september 30, 2020. how much should the city report as expenditures in the debt service fund in its year-end fund level financial statements on december 31, 2020

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Acity sells $15 million of general obligation bonds on october 1, 2019. the bonds mature at the rate...
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