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P2.1 (transaction analysis) 1. salaries and wages for firefighters and police officers incurred but not paid, $75,000. 2. The city borrowed $9,000,000 to finance construction

P2.1 (transaction analysis) 1. salaries and wages for firefighters and police officers incurred but not paid, $75,000. 2. The city borrowed $9,000,000 to finance construction of a new city executive office building by issuing bonds at par

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