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The Journal Entry to Record the Issuing of 100 Bonds

Question 87

Multiple Choice

The journal entry to record the issuing of 100 bonds at their $1,000 face value will include a debit to ________ and a credit to ________.

A) Cash;Bonds Payable
B) Notes Payable;Cash
C) Cash;Bonds Receivable
D) Bonds Payable;Cash

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