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When a company issues bonds between interest dates, the entry to record the issuance of the bonds will: Multiple Choice Include a debit to cash
When a company issues bonds between interest dates, the entry to record the issuance of the bonds will:
Multiple Choice
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Include a debit to cash that has been reduced by interest accrued from the last interest date.
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Include a debit to cash that has been increased by interest that will accrue from sale to the next interest date.
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Include a credit to interest payable.
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Include a debit to interest expense.
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