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What the journal entry for the issuance will show a

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Problem 1: Freeman Corporation issues a $2,000,000, 8%, 10-year bond dated January 1 at 96. The journal entry for the issuance will show a

a. debit to Cash for $1,920,000

b. credit to Discount on Bonds Payable for $80,000

c. credit to Bonds Payable for $1,920,000

d. debit to Cash for $2,000,000

Reference no: EM132985694

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