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Ivanhoe Company issues $3,000,000, 10-year, 8% bonds at 93, with interest payable each January 1. Prepare the journal entry to record the sale of these
Ivanhoe Company issues $3,000,000, 10-year, 8% bonds at 93, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indente Date Account Titles and Explanation Debit Credit Jan. 1 LINK TO TEXT Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2020. Debit Credit Date Account Titles and Explanation Jan. 1 Click if you would like to Show Work for this question: Open Show Work
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