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  3. nasreen company issues $2,000,000, 10-year, 8% bon

Nasreen Company issues $2,000,000, 10-year, 8% bonds at 97, with interest payable each January 1....

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Accounting

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Nasreen Company issues $2,000,000, 10-year, 8% bonds at 97, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. What is the account title or explanation ? What is debit or credited

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