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A corporation issues $800,000 of 10-year, 6% bonds dated January 1 at 109. The journal entry to record the issuance includes O a debit to
A corporation issues $800,000 of 10-year, 6% bonds dated January 1 at 109. The journal entry to record the issuance includes O a debit to Interest Expense for $72,000. a debit to Cash for $800,000. a credit to Bonds Payable for $872,000. O a debit to Cash for $872,000. a debit to Premium on Bonds Payable for $72,000
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