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Oasis Company received $391,800 for bonds having a total face value of $400,000 What journal entry would be made to record this bond issuance? Multiple
Oasis Company received $391,800 for bonds having a total face value of $400,000 What journal entry would be made to record this bond issuance? Multiple Choice Debit Cash for $391,800, debit Discount on Bonds Payable for $8,200, and credit Bonds Payable for $400,000 Debit Cash for $400,000, credit Discount on Bonds Payable for $8,200, and credit Bonds Payable for $391,800 Debit Cash for $400,000 and credit Bonds Payable for $400,000 Debit Cash for $400,000, credit Bonds Payable for $391,800, and credit Interest Payable for $8,200
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