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Coronado Corporation issues 5500, 10-year, 10%, $1000 bonds dated January 1, 2018, at 106. The journal entry to record the issuance will show a credit
Coronado Corporation issues 5500, 10-year, 10%, $1000 bonds dated January 1, 2018, at 106. The journal entry to record the issuance will show a
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| credit to Cash for $5830000. |
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| debit to Cash of $5500000. |
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| credit to Bonds Payable for $5566000. |
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| credit to Premium on Bonds Payable for $330000. |
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Accounting For The Environment
Authors: Rob Gray, Jan Bebbington
2nd Edition
0761971378, 978-0761971375
