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Title: Hefley Corporation issued a 10%, $400,000, 8-year bond at 104. The entry to record the issuance ... Post by: upton on Jun 6, 2017 Hefley Corporation issued a 10%, $400,000, 8-year bond at 104. The entry to record the issuance transaction is to:
A) debit Cash $416,000; credit Bonds Payable $416,000. B) debit Cash $400,000; debit Premium on Bonds Payable $16,000; credit Bonds Payable $416,000. C) debit Cash $400,000; credit Bonds Payable $400,000. D) debit Cash $416,000; credit Bonds Payable $400,000; credit Premium on Bonds Payable $16,000. Title: Re: Hefley Corporation issued a 10%, $400,000, 8-year bond at 104. The entry to record the issuance ... Post by: Ompa on Jun 6, 2017 Content hidden
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