1)Monty Corp. issues $350,000 of bonds for $367,500 1A) prepare the journal entry to record...

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Accounting

1)Monty Corp. issues $350,000 of bonds for $367,500

1A) prepare the journal entry to record the issuance of the bonds

1B) Show how the bonds would be reported on the balance sheet (partial) at the date issuance

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