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Laurenrees98 Laurenrees98
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Posts: 342
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6 years ago
On January 1, 2017, Damron Services issued $20,000 of 8% bonds that mature in five years. The bonds were issued for $19,000. Prepare the journal entry to issue bonds.
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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wrote...
6 years ago
 
Cash19,000
Discount on Bonds Payable1,000
        Bonds Payable20,000
Laurenrees98 Author
wrote...
6 years ago
I wanna give this person a hug.
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