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Business, 17.12.2019 21:31 lululoveee586
Agovernment issued $4 million of general obligation bonds on november 1, 2019, to build a fire house. the first debt service payment ($200,000 principal plus 6 percent interest per annum on outstanding debt) is due november 1, 2020. to prepare government-wide financial statements at december 31, 2019, what journal entry is needed regarding debt service?
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Agovernment issued $4 million of general obligation bonds on november 1, 2019, to build a fire house...
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