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On January 1, 2013, Davie Services Issued $20,000 of 8

Question 156

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On January 1, 2013, Davie Services issued $20,000 of 8% bonds that mature in five years. They were sold at discount, for a total of $19,000. Please provide the journal entry to issue the bonds.
On January 1, 2013, Davie Services issued $20,000 of 8% bonds that mature in five years. They were sold at discount, for a total of $19,000. Please provide the journal entry to issue the bonds.

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