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Business, 21.04.2020 21:51 FoxodyGirl7134

Bonds with a face amount of $1,000,000 are sold at 98. The entry to record the issuance is a. Cash 980,000 Discount on Bonds Payable 20,000 Bonds Payable 1,000,000 b. Cash 980,000 Premium on Bonds Payable 20,000 Bonds Payable 1,000,000 c. Cash 980,000 Bonds Payable 980,000 d. Cash 1,000,000 Premium on Bonds Payable 20,000 Bonds Payable 980,000

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