On the date of issue, Marigold Corporation sells $5.6 million of 5-year bonds at 98....
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Accounting
On the date of issue, Marigold Corporation sells $ million of year bonds at The entry to record the sale will include the following debits and credits:
Bonds Payable
Discount on Bonds
Payable
$
$ Dr
$$
$ Cr$ Dr
$$
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