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The City of Summerville maintains its books so as to prepare fund accounting statements and prepares worksheet adjustments in order to prepare government-wide financial statements.

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The City of Summerville maintains its books so as to prepare fund accounting statements and prepares worksheet adjustments in order to prepare government-wide financial statements. You are to prepare, in journal form, worksheet adjustments for each of the following situations. - 2 points per journal entry. The outstanding principal amount of bonds issued in previous years is $105,000,000. Unamortized discounts on bonds are $25,000,000. - 1 journal entry Ff A B 1 III

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