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ES with any premiums or discounts amortized on a Question 9 On October 1, 2020 Waterway Industries issued 6%, 10-year bonds with a face value
ES with any premiums or discounts amortized on a Question 9 On October 1, 2020 Waterway Industries issued 6%, 10-year bonds with a face value of $8150000 at 104. Interest is paid on October 1 and April straight-line basis. The entry to record the issuance of the bonds would include a debit of $326000 to Discount on Bonds Payable. credit of $7824000 to Bonds Payable. credit of $326000 to Premium on Bonds Payable, credit of $244500 to Interest Payable. Open Show Work Click If you would like to Show Work for this question: SUBMIT ANSWER Question Attempts: 0 of 1 used
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