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Nasreen Company issues $2,000,000, 10-year, 10% bonds at 93, with interest payable each January 1. Prepare the journal entry to record the sale of these

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Nasreen Company issues $2,000,000, 10-year, 10% bonds at 93, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when amount is entered. Do non manually.) Debit Credit 3 Date Account Titles and Explanation Jan. 1 Study SNOW LIST OF ACCOUNTS LINK TO TEXT Assuming instead that the above bonds sold for 208, prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically Indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1

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