Acity'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 totaled $150,000. when the bonds are issued, the enterprise fund will report total other financing sources in the amount of $0. $9,850,000. $10,000,000. $10,200,000.

The correct answer is $9,850,000

Explanation:

The Enterprise fund which will be reported, total other financing sources of the amount is computed as:

= Face Value - Cost of issuance

where

Face Value is $10,000,000

Cost of issuance is $150,000

Putting the values above:

= $10,000,000 - $150,000

= $9,850,000

Note: Premium will not be considered as it is asked for when the bonds are issued.

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order:

answer$225.00;