Issuance of Bonds EWO Enterprises issues ($ 4,500,000) of bonds payable. section*{Required:} Prepare the necessary journal entries

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Issuance of Bonds EWO Enterprises issues $\$ 4,500,000$ of bonds payable.

\section*{Required:}

Prepare the necessary journal entries to record the issuance of the bonds, assuming the bonds were issued

(a) at face value,

(b) at 104.5, and

(c) at 99 .

Cornerstone Exercise

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