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Maybelline Corporation issues $2,800,000, 10-year, 10% bonds dated January 1 at 102. The journal entry...

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Accounting

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Maybelline Corporation issues $2,800,000, 10-year, 10% bonds dated January 1 at 102. The journal entry to record the issuance will include a: O A. credit to Cash for $2,856,000. OB. debit to Cash for $2,800,000 OC. credit to Premium on Bonds Payable for $56,000. OD. credit to Bonds Payable for $2,856,000

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