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

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Price Company issues $400,000 of 20-year, 7% bonds at 101. Prepare the journal entry to record the sale of these bonds on June 1, 2017.

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Accounting Principles

ISBN: 978-1119048473

7th Canadian Edition Volume 2

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: May 17, 2017 09:08 AM

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

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