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The entry to record the issuance of $300,000 of 5-year, 5% bonds dated January 1, 2013 on January 1, 2013 at 97 will include a:
The entry to record the issuance of $300,000 of 5-year, 5% bonds dated January 1, 2013 on January 1, 2013 at 97 will include a:
Select one:
a. credit to Premium on Bonds Payable for $300,000
b. debit to Discount on Bonds Payable for $9,000
c. debit to Cash for $300,000
d. credit to bonds payable for $291,000
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