Problem 15-02A a-c (Video) nand Electric sold $5,615,000. 10%. 10-year bonds on lanuary 1, 2020....
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Problem 15-02A a-c (Video) nand Electric sold $5,615,000. 10%. 10-year bonds on lanuary 1, 2020. The bonds were dated January 1, 2020, and ped i terest cn January 1. The bonds were sold at 96. Prepane the jounal entry to record the issuance of the bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit Credit Jan. 1, 2020 Al December 31, 2020, 7,900 of the Discount on Bonds Payable account has been amortized. Show the balance sheet presentation of the long-term lability at December 31, 2020. (Enter account name only and do not Sunland Electric Ba- (Portia
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