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Huang Inc. issued 1 0 0 bonds with a face value of $ 1 , 0 0 0 and a 5 - year term at

Huang Inc. issued 100 bonds with a face value of $1,000 and a 5-year term at $960 each. The journal entry to record this transaction includes ________.
A. more than 6%
B. less than 6%
C. cannot be determined from the information given.
D. equal to 6%

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