Business, 12.02.2021 07:20 countryboy42
Grove Township issued $50,000 of bond anticipation notes at face amount in 20X0 and placed the proceeds into its general fund. All legal steps were taken to refinance the notes, but Grove was unable to consummate long-term refinancing. In the general fund, what account should be credited to record the $50,000 proceeds
Answers: 2
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Grove Township issued $50,000 of bond anticipation notes at face amount in 20X0 and placed the proce...
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