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Need the journal Entries for these: 1.Called in Bonds Payable on January 1, 2018, at a price of 101. These Bonds Payable had a face
Need the journal Entries for these:
1.Called in Bonds Payable on January 1, 2018, at a price of 101. These Bonds Payable had a face value of $300,000, remaining Discount balance of $12,000, and were called in at a loss.
2. Issued $700,000 of Bonds Payable at a price of 102.
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