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Eubank Corporation issues $500,000 of bonds for $520,080. (a) Prepare the journal entry to record the issuance of the bonds, and (b) show how the

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Eubank Corporation issues $500,000 of bonds for $520,080. (a) Prepare the journal entry to record the issuance of the bonds, and (b) show how the bonds would be reported on the balance sheet at the date of issuance

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