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Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the amount is

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Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS VIDEO: APPLIED SKILLS VIDEO: SIMILAR EXERCISE Suppose the remaining Premium on Bonds Payable was $10,080 on December 31, 2020. Show the balance sheet presentation on this date. PHAROAH COMPANY Balance Sheet (Partial)

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