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    Exam 14: Long-Term Liabilities: Bonds and Notes
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    On June 30, 2011, Arlington Company Issued $1,500,000 of 10-Year
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On June 30, 2011, Arlington Company Issued $1,500,000 of 10-Year

Question 167

Question 167

Essay

On June 30, 2011, Arlington Company issued $1,500,000 of 10-year, 8% bonds, dated June 30, for $1,540,000. Present entries to record the following transactions:
On June 30, 2011, Arlington Company issued $1,500,000 of 10-year, 8% bonds, dated June 30, for $1,540,000. Present entries to record the following transactions:

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