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PRINTER VERSION ES Exercise 15-6 (Part Level Submission) Whitmore Company issued $690,000 of 5-year, 7% bonds at 98 on January 1, 2017. The bonds pay
PRINTER VERSION ES Exercise 15-6 (Part Level Submission) Whitmore Company issued $690,000 of 5-year, 7% bonds at 98 on January 1, 2017. The bonds pay interest annually. (al) Your answer is correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Account Titles and Explanation Debit Credit Y. Cash 676,200 Discount on Bonds Payable 13,800 Bonds Payable 690,000 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used OURCES LINK TO TEXT Attempts -5 (a2) Compute the total cost of borrowing for these bonds. Total cost of borrowing Study Click if you would like to Show Work for this question: Open Show Work Attempts: 0 of 3 us (b1) The parts of this question must be completed in order. This part will be available when you complete the part above
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