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Five thousand bonds with a face value of $ 1 0 0 0 each, are sold at 1 0 4 . The entry to record

Five thousand bonds with a face value of $1000 each, are sold at 104. The entry to record the issuance is
Premium on Bonds Payable 200000
Cash 5200000
Discount on Bonds Payable
200000
Bonds Payable
5000000
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