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QID: #35566
Solution for QID #35566: Four thousand bonds with a face value of $1,000 each, are so | StudyHelpMe
Four thousand bonds with a face value of $1,000 each, are sold at 102. The entry to record the issuance is
Cash
4,080,000
Bonds Payable
4,080,000
Cash
4,080,000
Premium on Bonds Payable
80,000
Bonds Payable
4,000,000
Cash
4,080,000
Discount on Bonds Payable
80,000
Bonds Payable
4,000,000
Cash
4,000,000
Premium on Bonds Payable
80,000
Bonds Payable
4,080,000
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