3. Five years ago, a 4 percent, 10-year sinking fund bond issue in the amount of $1,012,000 for constructing park buildings was sold; it is still outstanding. Interest on the issue is payable at maturity. Budgetary requirements of a contribution of $135,000 to the debt service fund were met. Of this amount, $101,200 represents the fifth equal contribution for principal repayment. 4. Outstanding purchase orders not recorded in the accounts at year-end totaled $3,100. 5. A physical invento

Answer rating: 100% (QA)

a Wilke Co Selling price of the bonds 4000000 X 103 Accrued interest from Jan... View the full answer