A government issued $1M in 30-year, 6% coupon bonds at a discount of $27,092. The bonds were sold to yield 6.2%. At what amount would the bonds be reported (net) in the government-wide statement of net

A government issued $1M in 30-year, 6% coupon bonds at a discount of $27,092. The bonds were sold to yield 6.2%. At what amount would the bonds be reported (net) in the government-wide statement of net position and governmental fund balance sheet immediately upon issuance?

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A government issued $1M in 30-year, 6% coupon bonds at a discount of $27,092. The bonds were sold to yield 6.2%. At what amount would the bonds be reported (net) in the governme…

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