Mark Corporation issues $2,880,000, 10-year, 7% bonds dated January 1 at 99. The journal entry to...
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Mark Corporation issues $2,880,000, 10-year, 7% bonds dated January 1 at 99. The journal entry to record the issuance will include a: www O A. credit to Discount on Bonds Payable for $28,800. B. credit to Cash for $2,880,000. C. debit to Cash for $2,880,000. O D. debit to Discount on Bonds Payable for $28,800. Mark Corporation issues $2,880,000, 10-year, 7% bonds dated January 1 at 99. The journal entry to record the issuance will include a: www O A. credit to Discount on Bonds Payable for $28,800. B. credit to Cash for $2,880,000. C. debit to Cash for $2,880,000. O D. debit to Discount on Bonds Payable for $28,800.
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