A citys enterprise fund issued revenue bonds with a face

Reference no: EM13370356

A city's Enterprise Fund issued revenue bonds with a face value of $10,000,000. The bonds were issued with a 2 percent premium and issuance costs totaled $150,000. When the bonds are issued, the Enterprise Fund will report total financing sources in the amount of

A. $0.
B. $9,850,000.
C. $10,000,000.
D. $10,200,000.

Reference no: EM13370356

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