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On January 1, 2018, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $540,000 of 7% bondsRequired: 1. If the market interest rate is 7%, the bonds will issue at $540,000. Record the bond issue on January 1, 2018, a

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Issue Entry 1. Record the Bond Issue General Journal Debit Credit Date Janaury 1,2018 Cash 540000 Bonds Payable 540000 Record

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