What is the journal entry? 1. A permanent contribution of $550,000, was received from the General Fund.2. Revenue Bonds were sold at par in the amount of $1,000,000What is the journal entry?1. A permanent contribution of $550,000, was received from the General Fund.2. Revenue Bonds were sold at par in the amount of $1,000,0001. Bank A/c debited To general…
Revenue bonds
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