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Question 1 Martinez Corporation issues 2,000, 10-year 8%, $1,000 bonds dated January 1, 2017, at 98. The journal entry to record the issuance will show

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Question 1 Martinez Corporation issues 2,000, 10-year 8%, $1,000 bonds dated January 1, 2017, at 98. The journal entry to record the issuance will show a O credit to Discount on Bonds Payable for $40,000. O credit to Bonds Payable for $2,040,000. O debit to Cash of $2,000,000. O debit to Cash for $1,960,000

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