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A city's Enterprise Fund issued revenue bonds with a face value of $10,000,000. The bonds were issued with a 2% premium and the issuance costs totalled $150,000. When the bonds are issued, the Enterprise Fund will report total other financing sources in the amount of

A. $0
B. $9,850,000
C. $10,000,000
D. $10,200,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9160488

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