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Tomorrow Corp issued 1 0 0 , 0 0 0 bonds at 9 9 . Record the journal entry to record the bond issuance. Many

Tomorrow Corp issued

100, 000

bonds at

99 .

Record the journal entry to record the bond issuance. Many years later when the unamortized discount is $

400, 000,

Tomorrow calls the bonds at

101 .

Record the journal entry.

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