Question
Bramble Corp. issues 4200, 10-year, 8%, $1000 bonds dated January 1, 2017, at 97. The journal entry to record the issuance will show a A)
Bramble Corp. issues 4200, 10-year, 8%, $1000 bonds dated January 1, 2017, at 97. The journal entry to record the issuance will show a
A) credit to Cash for $4074000.
B) debit to Cash of $4200000.
C) credit to Bonds Payable for $4074000.
D)debit to Discount on Bonds Payable for $126000.
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Cost Accounting A Managerial Emphasis
Authors: Charles T Horngren
4th Edition
0131797395, 978-0131797390
