On December 31, 2018, Fox Co. issued $2,500,000, 6%, 5-year bonds at 104. As...
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Accounting
On December 31, 2018, Fox Co. issued $2,500,000, 6%, 5-year bonds at 104. As a result of the journal entry for the date of this issuance, how much did total liabilities on Fox's 12/31/2018 balance sheet increase?
$100,000
$2,500,000
$2,600,000
$2,750,000
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