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Randle Inc. issues $260,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 2017. Date

Randle Inc. issues $260,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 2017.

Date

Account Titles and Explanation

Debit

Credit

Mar. 1

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