Larkspur Inc Issues 1 00 Million 10 Year 9 Bonds At98 With Interest Payable Each

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Larkspur, Inc. issues $1.00 million, 10-year, 9% bonds at 98, with interest payable each January 1.

Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

(Credit account titles are automatically indented when amount is entered. Do not indent manually.)

 
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