Freeman Corporation issues 2,00010 -year, 895,$1,000 bonds dated January 1 at 96. The entry to...
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Accounting
Freeman Corporation issues 2,00010 -year, 895,$1,000 bonds dated January 1 at 96. The entry to journalize the issuance will include a 1. debit to Cash for 51,920,000 b. credit to Bondi Payable for $1,920,000 c. credit to Discount on Bonds Payable for 580,000 d. dcbit to Cash for $2,000,000

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