Business, 25.02.2020 01:51, oofoofoof1
At December 31, 2018, a Water Enterprise Fund has outstanding revenue bonds payable of $1 million, of which $40,000 is due to be paid on February 15, 2019, and $50,000 is due to be paid on August 15, 2019. How should it report this liability in its fund statement of net position as of December 31, 2018?
Answers: 1
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At December 31, 2018, a Water Enterprise Fund has outstanding revenue bonds payable of $1 million, o...
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