Question: Range Company issues $302,000, 20-year, 8% bonds at 101. Prepare the journal entry to record the sale of these bonds on June 1, 2014. Do

Range Company issues $302,000, 20-year, 8% bonds at 101.

Prepare the journal entry to record the sale of these bonds on June 1, 2014.

Do not copy from Chegg and give complete answer with explanation

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