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help plz q22 Wayne Company issues 900,10 -year, 8%,$1,000 bonds dated January 1,2020 , at 96 . The journal entry to record the issuance will
help plz q22
Wayne Company issues 900,10 -year, 8%,$1,000 bonds dated January 1,2020 , at 96 . The journal entry to record the issuance will show a credit to Discount on Bonds Payable for $36,000. debit to Cish for $864,000. credit to Bonds Payable for $864,000 debit to Cash of $900,000 Wayne Company issues 900,10 -year, 8%,$1,000 bonds dated January 1,2020 , at 96 . The journal entry to record the issuance will show a credit to Discount on Bonds Payable for $36,000. debit to Cish for $864,000. credit to Bonds Payable for $864,000 debit to Cash of $900,000 Step by Step Solution
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