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Miranda Corp issued $200,000 of 12% 10-yr bonds for $220,000. The entry to record the issuance of the bonds includes A debit to bonds payable

Miranda Corp issued $200,000 of 12% 10-yr bonds for $220,000. The entry to record the issuance of the bonds includes

A debit to bonds payable $200,000, B credit to premium on bonds payable for $20,000, C credit to bonds payable for $220,000, D credit to cash $220,000

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