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Prepare the entry in journal form without explanation for

Question - Claudio Company issued with a face value of 800,000. The bonds carry a face interest rate of 8 percent that is payable each July 1 and January 1. Prepare the entry in journal form without explanation for the issuance of the bonds assuming the bonds are issued at 98? Issued at 101?

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Accounting Basics: Prepare the entry in journal form without explanation for

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Accounting Basics: Prepare the entry in journal form without explanation for

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