1 Answered Questions for the topic Fund Accounting

Fund Accounting Accounting

06/26/15

The City of Middleton sells a $2,000,000, 3%, 16-year general obligation bond issue on January 2, 2016 at par.
The bond pays interest semi-annually on July 1 and January 2, with the first principal payment scheduled for January 2, 2017. A city hall annex must be constructed with the bond proceeds. The bond... more
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