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10. The Marion County R-II school district received $80,000 from the federal government on January 1, 2020 to be used for the purchase of technology.
10. The Marion County R-II school district received $80,000 from the federal government on January 1, 2020 to be used for the purchase of technology. In February of 2020, the school district purchased iPads at a cost of $82,500. Prepare the journal entry in January of 2020 and the entries in February of 2020 in the government-wide financial statements.
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