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Econnect ACCOUNTING instructions help Question 2 (of 34) Save & Exit Submt You aid not recerve credit for this question in a previous atempt on

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Econnect ACCOUNTING instructions help Question 2 (of 34) Save & Exit Submt You aid not recerve credit for this question in a previous atempt on January 1 or 2015, Parson Freight Company issues 75 %, 10-year bonds with a par value of $2,600,000. The bonds pay the bond seling price was $2,423,327 The bond issuance should be recorded as terest semsann any The market rate of interests 8 5% and O Debit Cash $2.600,000. credin Bonds Payable $2.600.000 O Debit Cash $2.423,327 credir Bonds Payable $2.423,327 Debit Cash $2,600.000 credit Bonas Pay O Debit Cash $2 423,327, debir Discount on Bonds Payable $176.673, credtit Bonds Payable s2600,000 O Debit Cash $2.-423 327 debit Interes Expense $176,673, credit Bonds Payable $2600000 abie $2.423327, creat Discount on Bonds Payabie $176,673

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