Company received proceeds of $264,992 on a bond issue with a par value of $200,000....
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Accounting
Company received proceeds of $264,992 on a bond issue with a par value of $200,000. The difference between par value and issue price is recorded as a O a O Credit to Discount on Bonds Payable Credit to Premium on Bonds Payable Debit to Discount on Bonds Payable Debit to Premium on Bonds Payable Od
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