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Bentwood inc, issued, $100,000,6%,5 year bonds at 97 . The journal entry that Bentwood Inc. would record for the issuance of the bonds would include

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Bentwood inc, issued, $100,000,6%,5 year bonds at 97 . The journal entry that Bentwood Inc. would record for the issuance of the bonds would include a: Credit to Bonds Payable for $97,000. Credit to Discount on Bonds Payable for $3,000. Credit to Bonds Payable for $100,000. Debit to Cash for $100,000 Both A and 8

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