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(Multiple Choice) Hutton Corporation issued $100,000 of 7%, 15-year bonds on June 1. 20X6 (dated April 1 20X6) at 101 plus accrued interest, which is

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(Multiple Choice) Hutton Corporation issued $100,000 of 7%, 15-year bonds on June 1. 20X6 (dated April 1 20X6) at 101 plus accrued interest, which is paid on April 1 and October 1. The proper entry to record issuance of the bonds includes a debit to Cash for: A. $100,000. B. $101,000. C. $101,167. D. $102,167. E. None of these

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