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QS 14-4 Journalizing bond issuance LO P1 Prepare the journal entry for the issuance of these bonds. Assume the bonds are issu
QS 14-4 Journalizing bond issuance LO P1 Prepare the journal entry for the issuance of these bonds. Assume the bonds are issu
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The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.

Answer Debit Credit Date Jan 01, 2017. 453375 General journal Cash (390000*116.25%) Bond Payable Premium on bond Payable (390

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