Question: Multiple Choice Question 72 Marigold Corp. issues 1100, 10-year, 896, $1000 bonds dated January 1, 2017, at 98 . The journal entry to record the

Multiple Choice Question 72 Marigold Corp. issues 1100, 10-year, 896, $1000

Multiple Choice Question 72 Marigold Corp. issues 1100, 10-year, 896, $1000 bonds dated January 1, 2017, at 98 . The journal entry to record the issuance will show a debit to Cash of $1100000 credit to Discount on Bonds Payable for $22000 debit to Cash for $1078000 credit to Bonds Payable for $1122000

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