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On January 1, Hanley Corporation issued $2,000,000, 10-year, 9% bonds at 103. The journal entry to record this transaction would include a: 0 A. O

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On January 1, Hanley Corporation issued $2,000,000, 10-year, 9% bonds at 103. The journal entry to record this transaction would include a: 0 A. O B. O C. 0 D. debit to Cash $2,000,000. credit to Bonds Payable $2,060,000. debit to Discount on Bonds Payable $60,000. credit to Premium on Bonds Payable $60,000

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