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Question 19 (1 point) Hernandez Corporation issues 3,000, 10-year, 8%, $1,000 bonds dated January 1, 2013, at 98. The journal entry to record the issuance

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Question 19 (1 point) Hernandez Corporation issues 3,000, 10-year, 8%, $1,000 bonds dated January 1, 2013, at 98. The journal entry to record the issuance will show a debit to Cash of $3,000,000. credit to Discount on Bonds Payable for $60,000 credit to Bonds Payable for $3,040,000. debit to Cash for $2,960,000

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