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Business, 16.03.2020 17:38 kaitlynk0

The City of West Hutchison is constructing a new road, which it estimates will cost $7.2 million. The city will finance the road with an expenditure-driven state construction grant of $1.2 million and a bond issuance of $6 million. Prepare journal entries to record the following transactions and events for the city’s Capital Projects Fund during calendar year 2019. No budgetary entries other than encumbrances

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The City of West Hutchison is constructing a new road, which it estimates will cost $7.2 million. Th...
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