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3000 bonds with a face value of $1000 each, are sold at 101. The entry to record the issuance is O Cash 3030000 Discount on

3000 bonds with a face value of $1000 each, are sold at 101. The entry to record the issuance is O Cash 3030000 Discount on Bonds Payable 30000 Bonds Payable 3000000 cash 303000015 Premium on Bonds Payable 30000 Bonds Payable 3000000

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