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  3. 13. . canada corporation issues 2,000, 10-year, 8%

13. . Canada Corporation issues 2,000, 10-year, 8%, 1,000 bonds dated 1 January 2022, at...

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Accounting

13. . Canada Corporation issues 2,000, 10-year, 8%, 1,000 bonds dated 1 January 2022, at 98. The journal entry to record the issuance will show a 3. debit to Cash of 2,000,000 b. C. d. debit to Bonds Payable for 40,000. credit to Bonds Payable for 2,040,000. debit to Cash for $1.960,000
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13. Canada Corporation issues 2,000,10 year, 8%,1,000 bonds dated 1 January 2022, at 88 . The journal entry to record the issuance will show a a. debit to Cash of /2,000,000 b. deblt to Bonds Payable for 40,000. c. credit to Bonds Payable for 2,040,000 d. debit to Cash for $1,960,000

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