During the Fiscal Year Ended June 30,20X9,an Enterprise Fund of St.Cloud

question 84

Short Answer

During the fiscal year ended June 30,20X9,an enterprise fund of St.Cloud acquired computer equipment costing $110,000 on account and issued $400,000 of long-term bonds.Revenues of the enterprise fund will be used to repay bond interest and principal.What effect did these transactions have on St.Cloud's enterprise fund assets and long-term debt?

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The doctrine that knowledge, truth, and morality exist in relation to culture, society, or historical context, and are not absolute.

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A fundamental viewpoint or stance on philosophical issues, reflecting deep theoretical beliefs.

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