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12. Boeing issued 20-year, 10% bonds, with a par value of $50,000 when the market rate was 1 1%. The issuer received $49,000 in cash

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12. Boeing issued 20-year, 10% bonds, with a par value of $50,000 when the market rate was 1 1%. The issuer received $49,000 in cash proceeds. Prepare the issuer's journal entry to record the issuance of the bonds. (4 points) GENERAL JOURNAL Page 1 Date Description Debit Credit

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