Price Company issues $400,000, 20-year, 7% bonds at 101. Prepare the journal entry to record the sale

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Price Company issues $400,000, 20-year, 7% bonds at 101. Prepare the journal entry to record the sale of these bonds on June 1, 2019.

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Financial Accounting

ISBN: 978-1119305736

10th edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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Question Posted: Mar 29, 2017 11:49 AM

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Price Company issues $400,000, 20-year, 7% bonds at 101. Prepare the journal entry to record the sale

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Financial Accounting

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