Assume a school system issued 9 percent, twenty-year bonds having a face value of $1,000,000. What entry

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Assume a school system issued 9 percent, twenty-year bonds having a face value of $1,000,000. What entry would be made to record the school district’s bond liability?

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Financial Accounting For School Administrators Tools For School

ISBN: 9781610487719

3rd Edition

Authors: Ronald E. Everett, Donald R. Johnson, Bernard W. Madden

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