Issuing Bonds at Discount On the first day of the fiscal year a company issues...
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Issuing Bonds at Discount On the first day of the fiscal year a company issues a $7.800,000,8%Svear bond that pars semanual interest of $312.000 (57,800,000 %), receiving cash of $5,918,098 Journalize the bond issuance of an amount box does not require an entry, leave it blank Cash Discount on Bonds Payable Honds Payable Check Bonds Payable is recorded at face value, Any difference in se price is reflected in a premium or discount account
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