Your company sells $52,000 of one-year, 10% bonds for an issue price of $45,000. The...
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Accounting
Your company sells $52,000 of one-year, 10% bonds for an issue price of $45,000. The journal entry to record this transaction will include a credit to Bonds Payable in the amount of:
Multiple Choice
$50,200.
$57,200.
$45,000.
$52,000.
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