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You are the accountant for Brutus Gutters. The company will be issuing bonds this month to raise capital for a new plant in Hilliard, Ohio.
You are the accountant for Brutus Gutters. The company will be issuing bonds this month to raise capital for a new plant in Hilliard, Ohio. The journal entry to record the issuance will include a a. debit to Bond Interest Expense. b. credit to Cash. c. debit to Bond Interest Payable. d. credit to Bonds Payable
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