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38 Jan Corporation determines that it needs to raise money for its business. It issues $1,000,000 in bonds at a price of 105. Bed on

38 Jan Corporation determines that it needs to raise money for its business. It issues $1,000,000 in bonds at a price of 105. Bed on this infomation the following questions: 1. How much cash does Jan Corporation receive when it issues these bonds? (2 points) 2. What is the journal entry that Jan records when it issues these bonds? (3 points) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) B I US Paragraph IT "2 3 Open Sans,sa v 10pt v A 20 I. XX, 88 - [+ BBB B 80 Click Save and Submit to save and submit. Click Save All Answers to save all answers, L + Save Aller Save and Subrick 1:36

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