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On January 1, 2025, Bramble Corporation issued $1,789,000 face value, 8%, 10-year bonds for proceeds of $2,052,344. This price resulted in an effective-interest rate of

On January 1, 2025, Bramble Corporation issued $1,789,000 face value, 8%, 10-year bonds for proceeds of $2,052,344. This price resulted in an effective-interest rate of 6% on the bonds. The bonds pay annual interest, each January 1 and Bramble has a calendar year end. (a) Your answer is partially correct. Prepare the journal entry to record the issue of the bonds on January 1, 2025. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.) Date Jan. 1, 2025 Account Titles Cash Bonds Payable eTextbook and Media List of Accounts Debit Credit
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On January 1, 2025, Bramble Corporation issued $1,789,000 face value, 8%,10-year bonds for proceeds of $2,052,344. This price resulted in an effective-interest rate of 6% on the bonds. The bonds pay annual interest, each fanuary 1 and 8 ramble has a calendir year end. (a) 2 Your answer is partially correct. Prepare the journal entry to record the issue of the bonds on January 1,2025. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. List debit entry before credit entry.) List of Accounts Last saved 1 second ago. Attempts:unlimited Saved work vill be auto-subinitted on the due date. Auto. submission can take up to 10 minutes. (b) The purts of this question must be completed in order. This part will be ivaliable when you complete the part above. (c) Theparts of this question must be completed in order. This part will be avaitable when you complete the part above. (d) The perts of this question must be completed in order. This part wil be available when you comolete the part above. (c) Theparts of this question must be completed in order, This partwill be available when you complete the partabove

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