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Refunding Bonds Were Issued by an Enterprise Fund with a Face

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Refunding bonds were issued by an Enterprise Fund with a face value of $15,000,000 at a 1% discount. Issuance costs were $225,000. The entry to record the issuance of the refunding bonds would be \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad  Debit  Credit \begin{array}{lrr}&\text { Debit } &\quad \text { Credit }\end{array}
A)
 Cash $14,625,000 Expenditures 225,000 Other Financing Uses - Discount 150,000 Other Financing Sources - Bonds $15,000,000\begin{array}{lrr}\text { Cash } & \$ 14,625,000 & \\\text { Expenditures } & 225,000 & \\\text { Other Financing Uses - Discount } & 150,000 & \\\quad \text { Other Financing Sources - Bonds } & & \$ 15,000,000 \\\end{array}

B)
 Cash $14,625,000 Expenditures 225,000 Other Financing Sources - Bonds $14,850,000\begin{array}{lrr}\text { Cash } & \$ 14,625,000 & \\\text { Expenditures } & 225,000 & \\\quad \text { Other Financing Sources - Bonds } & & \$ 14,850,000 \\\end{array}


C)
 Cash $14,625,000 Unamortized Deferred Charges/Discount 375,000 Bond Payable $15,000,000\begin{array}{lrr} \text { Cash } & \$ 14,625,000 & \\\text { Unamortized Deferred Charges/Discount } & 375,000\\\text { Bond Payable } & &\$15,000,000\\\end{array}

D)
 Cash $14,625,000 Bond Issuance Expense 225,000 Unamortized Discount 150,000 Bonds Payable $15,000,000\begin{array}{lrr}\text { Cash } &\quad\quad\quad\quad\quad\quad\quad\quad \$ 14,625,000 & \\\text { Bond Issuance Expense } & 225,000 & \\\text { Unamortized Discount } & 150,000 & \\\quad \text { Bonds Payable } & & \$ 15,000,000\end{array}


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