Bonds with a face amount of $1,000,000 are sold at 98. The entry to...
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Bonds with a face amount of $1,000,000 are sold at 98. The entry to record the issuance is O Cash O Cash Bonds Payable Discount on Bonds Payable Bonds Payable Cash Premium on Bonds Payable Bonds Payable Cash Premium on Bonds Payable Bonds Payable 980,000 980,000 20,000 980,000 20,000 1,000,000 980,000 1,000,000 1,000,000 20,000 980,000
Bonds with a face amount of $1,000,000 are sold at 98 . The entry to record the issuance is
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