A Corporation issues a bond with a face value of $ 1 0 , 0 0 0

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A Corporation issues a bond with a face value of $

10, 000,

the bond is issued at

95 % .

Complete the journal entry to record the issuance of the bond.

Related Book For answer-question

Intermediate Accounting IFRS Edition

ISBN: 9781118443965

2nd Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Posted Date: Apr 22, 2024 04:19 AM

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A Corporation issues a bond with a face value of $ 1 0 , 0 0 0

Question:

Expert Answer:

ANSWER The journal entry to record the issuance of the bond at 95 would be Debit Ca... View the full answer

Intermediate Accounting IFRS Edition

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