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On January 1, Year 1, Burton Corporation recorded the following journal entry: Which of the following correctly describes the related transaction? Multiple Choice Burton issued

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On January 1, Year 1, Burton Corporation recorded the following journal entry: Which of the following correctly describes the related transaction? Multiple Choice Burton issued bonds at 102 . Burton issued bonds at 98 . Burton issued bonds at a $4,000 premium. Burton signed a note payable for $196,000

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