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Concord Corporation issues 5800, 10-year, 8%, $1000 bonds dated January 1, 2020, at 103. The journal entry to record the Issuance will show a O

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Concord Corporation issues 5800, 10-year, 8%, $1000 bonds dated January 1, 2020, at 103. The journal entry to record the Issuance will show a O debit to Premium on Bonds Payable for $174000 O credit to Bonds Payable for $5800000 O credit to Cash for $5974000 O debit to Cash of $5800000

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