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Prepare journal entries to record the transactions

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Question - Prepare journal entries to record the following selected transactions that occurred during the company's operations:

1. On January 30, 2017, Candlestick, Inc. sells $100,000, five-year, 10 % bonds for 92.639% of face value.

2. Company sells $100,000, five-year, 10 % bonds for 108.111% of face value on July 1, 2017.

Reference no: EM133043746

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