Randle Inc. issues $300,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale

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Randle Inc. issues $300,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 2020.

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Accounting Principles

ISBN: 978-1119411482

13th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Jan 15, 2019 06:37 AM

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Randle Inc. issues $300,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale

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Mar 1 Cash 300000 X 98 2940...View the full answer

Accounting Principles

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