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Hayden Corporation issues 1,000, 10-year, 8%, $2,000 bonds dated January 1 at 92. The journal entry to record the issuance will show a Oa.
Hayden Corporation issues 1,000, 10-year, 8%, $2,000 bonds dated January 1 at 92. The journal entry to record the issuance will show a Oa. credit to Cash for $1,840,000 Ob. credit to Discount on Bonds Payable for $160,000 Oc. credit to Bonds Payable for $2,000,000 Od. debit to Cash for $2,000,000
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