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Eubank Corporation issues $ 5 0 0 , 0 0 0 of bonds for $ 5 2 0 , 0 0 0 . Prepare the

Eubank Corporation issues $

500, 000

of bonds for $

520, 000 .

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

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