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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 63
Visit your city or county library. Ask the librarian to help you locate the most recent financial records of your city or county government. Examine those records.
Required
1. Determine the amount of long-term bonds and notes currently outstanding.
2. Read the supporting information to your municipality's financial statements and record
a. The market interest rate(s) when the bonds and/or notes were issued.
b. The date(s) when the bonds and/or notes will mature.
c. Any rating(s) on the bonds and/or notes received from Moody' s, Standard Poor's , or another rating agency.
Required
1. Determine the amount of long-term bonds and notes currently outstanding.
2. Read the supporting information to your municipality's financial statements and record
a. The market interest rate(s) when the bonds and/or notes were issued.
b. The date(s) when the bonds and/or notes will mature.
c. Any rating(s) on the bonds and/or notes received from Moody' s, Standard Poor's , or another rating agency.
Explanation
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Students' answers will depend ...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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