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just need the answer no need for explanation and thanks Glenn Corporation issues a $2,000,000, 8%, 10-year bond dated January 1 at 96. The journal
just need the answer no need for explanation and thanks
Glenn Corporation issues a $2,000,000, 8%, 10-year bond dated January 1 at 96. The journal entry for the issuance will show a Select one: a. credit to Cash for $1,920,000 b. credit to Bonds Payable for $1,920,000 c. debit to Discount on Bonds Payable for $80,000 d. debit to Cash for $2,000,000Step by Step Solution
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