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QUESTION 21 On January 1 of the current year, Sycamore Corporation issued $700,000, 6 % , 5-year bonds at face value. The journal entry to
QUESTION 21 On January 1 of the current year, Sycamore Corporation issued $700,000, 6 % , 5-year bonds at face value. The journal entry to record this transaction would be: a. Cash 700,000 Premium on bonds payable 700,000 b. Cash 700,000 Bonds payable 700,000 C.Bond expernse 700,000 700,000 Cash d. Bonds payable 700,000 700,000 Cash
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Practice Management With Auditing For Coders
Authors: Elsevier
1st Edition
0323482333, 978-0323482332
