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already asked this question and got the wrong answer again On September 1, 2024, Pharoah Corporation issued $635,000 of 10 -year, 3% bonds at 96
already asked this question and got the wrong answer again
On September 1, 2024, Pharoah Corporation issued $635,000 of 10 -year, 3% bonds at 96 . Interest is payable semi-annually on September 1 and March 1. Pharoah's fiscal year end is February 28. Record the issue of the bonds on September 1, 2024. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)Step by Step Solution
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