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Burton Corporation recorded the following in its general journal on 1/1/16: 196,000 4,000 Discount on Bonds Payable Bonds Payable 200,000 Which of the following answers
Burton Corporation recorded the following in its general journal on 1/1/16: 196,000 4,000 Discount on Bonds Payable Bonds Payable 200,000 Which of the following answers correctly describes the transaction on 1/1/16? Burton issued bonds at 102 O Burton issued bonds at 98. Burton issued bonds at a $4,000 premium. Burton signed a note payable for $196,000
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