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Nasreen Company issues $2,700,000, 10-year, 6% bonds at 97, with interest payable on July 1 and January 1. Prepare the journal entry to record the

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Nasreen Company issues $2,700,000, 10-year, 6% bonds at 97, with interest payable on July 1 and January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2015. (Credit account titles are automatically indented when amount is entered, Do not indent manually.) Assuming instead that the above bonds sold for 10S, prepare the journal entry to record the sale of these bonds on January 1, 2015. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor

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