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Bramble Corporation issues 4300, 10-year, 10%, $1000 bonds dated January 1, 2021, at 104. The journal entry to record the issuance will show a debit
Bramble Corporation issues 4300, 10-year, 10%, $1000 bonds dated January 1, 2021, at 104. The journal entry to record the issuance will show a debit to Cash of $4300000. credit to Cash for $4472000. credit to Bonds Payable for $4334400. O credit to Premium on Bonds Payable for $172000.
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