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Skysong, Inc. issues $240,000, 20-year, 8% bonds at 103. Prepare the journal entry to record the sale of these bonds on June 1, 2020. (Credit

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Skysong, Inc. issues $240,000, 20-year, 8% bonds at 103. Prepare the journal entry to record the sale of these bonds on June 1, 2020. (Credit account titles are automatically indented w amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1

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