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Can anyone help me with these short problems? Thanks for your help in advance. Your company sells $59,000 of one-year, 12% bonds for an issue

Can anyone help me with these short problems? Thanks for your help in advance.

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Your company sells $59,000 of one-year, 12% bonds for an issue price of $48,500. The journal entry to record this transaction will include a credit to Bonds Payable in the amount of O $59,000. O $55.580. O $48,500 O $66,080

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