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Swifty Corporation issues 6200, 10-year, 8%, $1000 bonds dated January 1, 2017, at 102. The journal entry to record the issuance will show a O
Swifty Corporation issues 6200, 10-year, 8%, $1000 bonds dated January 1, 2017, at 102. The journal entry to record the issuance will show a O debit to Premium on Bonds Payable for $124000. O credit to Cash for $6324000. O debit to Cash of $6200000. O credit to Bonds Payable for $6200000
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