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Neuberg Corporation issues bonds with a face amount of $12 million and a stated interest rate of 5%. The bonds sell at face amount in

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Neuberg Corporation issues bonds with a face amount of $12 million and a stated interest rate of 5%. The bonds sell at face amount in addition, the company incurs bond issue costs of $320,000. The journal entry to record the issuance of the bonds includes a debit to: Multiple Choice bond discount for $320,000. bond discount for $12,000,000. bond premium for 320,000 . bonds Davable for $320.000

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