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Prepare the journal entry to record the issuance of bonds

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Question - Kershaw Electric sold $4,660,000, 13%, 10-year bonds on January 1, 2017. The bonds were dated January 1, 2017, and paid interest on January 1. The bonds were sold at 98

Prepare the journal entry to record the issuance of the bonds on January 1, 2017?

Reference no: EM131975471

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