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Your company sells $50,000 of one-year, 10% bonds for an issue price of $52,000. The journal entry to record the issuance of the bond will

Your company sells $50,000 of one-year, 10% bonds for an issue price of $52,000. The journal entry to record the issuance of the bond will include a credit to Bonds Payable in the amount of: Multiple Choice $52,000. $57,000. $50,000. $55,000

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