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Prepare the journal entry to record the issuance

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Reference no: EM13508162

Goliath Corporation issues $300,000 of bonds for $312,000.

a. Prepare the journal entry to record the issuance of the bonds.

b. Show how the bonds would be reported on the balance sheet at the date of issuance.

(List multiple entries from largest to smallest amounts, e.g. 10,5,1).

Reference no: EM13508162

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