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Business, 31.07.2019 23:20 kodaxmodz

Pocahontas school district, an independent public school district, financed the acquisition of a new school bus by signing a note for $105,000 plus interest on the unpaid balance at 6%. annual principal payments of $35,000, plus interest, are due each july 1. assuming that the district maintains its books and records in a manner that facilitates the preparation of the fund financial statements, the appropriate entry in the general fund at the date of acquisition is

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