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ment CALCULATOR FULL SCRE Brief Exercise 10-10 (Part Level Submission) Cheyenne Corp. issued 3,800, 8%, 5-year, $1,000 bonds
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Solution a:

Journal Entries - Cheyenne Corp.
Date Particulars Debit Credit
1-Jan Cash Dr $3,800,000.00
      To Bond Payable $3,800,000.00
(To record issue of bond)
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