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Your company sells $41.000 of one-year, 12% bonds for an issue price of $39,500. The journal entry to record this transaction will include a

Your company sells $41.000 of one-year, 12% bonds for an issue price of $39,500. The journal entry to record this transaction will include a credit to Bonds Payable in the amount of Multiple Choice $44,420 $39.500 $45.920 $41.000

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