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Business, 26.02.2020 04:59 Lamr

The village of old road orders a computer costing $300,000. the village finances the computer by issuing a $300,000 bond at face value. the village receives the computer and pays cash of $300,000. prepare the journal entries to record these events assuming they were recorded in (a) the general fund and (b) an enterprise fund. note: under the fund column, select the appropriate fund in which the transaction is recorded (ef: enterprise fund or gf: general fund).

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