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Question 8 3 pts Hernandez Corporation issues 2,000, 10-year, 8%, $1,000 bonds dated January 1, 2018, at 98. The journal entry to record the
Question 8 3 pts Hernandez Corporation issues 2,000, 10-year, 8%, $1,000 bonds dated January 1, 2018, at 98. The journal entry to record the issuance will show a credit to Cash for $1,960,000. credit to Discount on Bonds Payable for $40,000. credit to Bonds Payable for $2,000,000. O debit to Cash of $2,000,000.
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