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Five thousand bonds with a face value of $1000 each, are sold at 86. The entry to record the issuance is Cash 4300000 Discount on
Five thousand bonds with a face value of $1000 each, are sold at 86. The entry to record the issuance is
| Cash | 4300000 | |
| Discount on Bonds Payable | 700000 | |
| Bonds Payable | 5000000 |
| Cash | 4300000 | |
| Premium on Bonds Payable | 700000 | |
| Bonds Payable | 5000000 |
| Cash | 4300000 | |
| Bonds Payable | 4300000 |
| Cash | 5000000 | |
| Discount on Bonds Payable | 700000 | |
| Bonds Payable | 4300000 |
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Financial Accounting For Decision Makers
Authors: Peter Atrill, Eddie McLaney
9th Edition
1292251255, 9781292251257
