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*Do It! Review 10-3a Bramble Corp. issues $425,000 of bonds for $446,250. Prepare the journal entry to record the issuance of the bonds. (Credit account
*Do It! Review 10-3a Bramble Corp. issues $425,000 of bonds for $446,250. 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.) 446,250 Account Titles and Explanation Debit Credit CASH Premium on Bonds Payable (425,000 Bonds payable 21250 Show how the bonds would be reported on the balance sheet at the date of issuance. Current Assets Bonds payable Add: Premium on Bonds Payable 1 425,000 446,250 Question Attempts: 0 of 3 used
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