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Smoke and Musk Inc issues bonds with the following information: Par Value $20,000 Term 8 years Contract Interest Rate 4% Issue Price 97.2 What is

Smoke and Musk Inc issues bonds with the following information: Par Value $20,000 Term 8 years Contract Interest Rate 4% Issue Price 97.2 What is the journal entry to record the bond at issuance? [ Select ] [ Select ] [ Select ] [dr] [ Select ] [ Select ] [ Select ] [ Select ] [ Select ]

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