Business, 20.09.2020 15:01 DeonDub3106

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. Required:
Prepare the journal entries to record these events assuming they were recorded in:

a. The General Fund
b. An Enterprise Fund.

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The village of Old Road orders a computer costing $300,000. The village finances the computer by iss...

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