Russell Corporation issued $224,000 of 12 percent bonds (at face value) one month after the last semi-annual
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Question:
Russell Corporation issued $224,000 of 12 percent bonds (at face value) one month after the last semi-annual interest date. Which of the following is the entry to record the issuance?
A. Cash 226,240
B. Cash 226,240
C. Cash 212,800
D. Cash 235,200
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