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Concord Corporation issues $390,000 of bonds for $409,500 Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented

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Concord Corporation issues $390,000 of bonds for $409,500 Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Account Titles and Explanation Debit Credit Show how the bonds would be reported on the balance sheet at the date of issuance CONCORD CORPORATION Balance Sheet (Partial)

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