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what is the correct answer please ? On January 1. Gasperson Inc. issued $100.000,000,7% bonds at 102. The journal entry to record the issuance of
what is the correct answer please ?
On January 1. Gasperson Inc. issued $100.000,000,7% bonds at 102. The journal entry to record the issuance of the bonds will inciude a credit to Premium on Bonds Payable for $2.000.000. a credit to Interest Expense for $2,000,000. a credit to Bonds Payable for $102,000.000. a debit to Cash for $100,000,000 Step by Step Solution
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