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majestico majestico
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7 years ago
Plaza Corporation issued $350,000 of 8%, 10-year bonds for 102. The entry to record the issuance of the bonds includes a:
A) debit to Discount on Bonds Payable for $7,000.
B) credit to Bonds Payable for $343,000.
C) credit to Premium on Bonds Payable for $7,000.
D) debit to Bonds Payable for $350,000.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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7 years ago
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majestico Author
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#2
7 years ago
This is excellent. Excellent answer
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