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The general fund and an enterprise fund also label the

The Village of Peak Kill acquired a computer for $ 300,000. The computer was financed through a bond issue. Prepare the journal entries necessary to record these events, assuming the computer was acquired using
(a) The General Fund and
(b) An Enterprise Fund. Also, label the fund(s) used.

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Accounting Basics: The general fund and an enterprise fund also label the

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