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Nike, issues $267,000, 10-year, 6% bonds at 96. Prepare the journal entry to record the sale of these bonds on March 1, 2017. What formula

Nike, issues $267,000, 10-year, 6% bonds at 96. Prepare the journal entry to record the sale of these bonds on March 1, 2017. What formula would I use to get the Discount on Bonds Payable?

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