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Question 36 View Policies Current Attempt in Progress Flounder Corp. issues 4500, 10-year, 8%, $1000 bonds dated January 1, 2020, at 97. The journal entry
Question 36 View Policies Current Attempt in Progress Flounder Corp. issues 4500, 10-year, 8%, $1000 bonds dated January 1, 2020, at 97. The journal entry to record the issuance will show credit to Cash for $4365000. credit to Bonds Payable for $4365000. debit to Cash of $4500000. debit to Discount on Bonds Payable for $135000 Save for Later Attempts: 0 of 1 used Submit
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