On August 1, 2025, Flint Corporation issued $502,800,7%,10-year bonds at face value, Interest is payable...
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Accounting
On August 1, 2025, Flint Corporation issued $502,800,7%,10-year bonds at face value, Interest is payable annually on August 1 . Flint's year-end is December 31. (a) Prepare the journal entry to record the issuance of the bonds. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts)
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