Interest on its city hall bonds is paid from Allen Citys Debt Service Fund on February 1
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Interest payable normally is recorded when due Interest should not be accrued at the December 31 yea...View the full answer
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Related Book For 
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
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