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On the date of issue, Radisch Corporation sells $5 million of 5-year bonds at 98. The entry to record the sale will include the following
On the date of issue, Radisch Corporation sells $5 million of 5-year bonds at 98. The entry to record the sale will include the following debits and credits: Bonds Payable O O O O $5000000 Cr. $4900000 Cr. $5000000 Cr. $4900000 Cr. Discount on Bonds Payable $100000 Dr. $1200000 Dr. $10000 Dr. $0 Dr. 4 On the date of issue, Radisch Corporation sells $5 million of 5 -year bonds at 98 . The entry to record the sale will include the following debitsand credits: Bonds Payable Discouget on Bsinds Paxable $5000000Cr$100000Dr. $4900000Cr$1200000Dr. $5000000Cr$10000Dr. $4900000Cr \$ODe
On the date of issue, Radisch Corporation sells $5 million of 5-year bonds at 98. The entry to record the sale will include the following debits and credits: Bonds Payable O O O O $5000000 Cr. $4900000 Cr. $5000000 Cr. $4900000 Cr. Discount on Bonds Payable $100000 Dr. $1200000 Dr. $10000 Dr. $0 Dr. 4
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