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Required: a. Prepare the journal entry to issue $500,000 bonds that sold for $490,000.* b. Prepare the journal entry to issue $500,000 bonds that sold

Required: a. Prepare the journal entry to issue $500,000 bonds that sold for $490,000.* b. Prepare the journal entry to issue $500,000 bonds that sold for $515,000.* *Refer to the Chart of Accounts for exact wording of account titles.

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