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How do I prepare entries for issuance of bonds to this question? Range Company issues $400,000, 20-year, 7% bonds at 101. Prepare the journal entry

How do I prepare entries for issuance of bonds to this question?

Range Company issues $400,000, 20-year, 7% bonds at 101. Prepare the journal entry to record the sale of these bonds on June 1, 2014.

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