Prepare the journal entry for the issuance of the bonds

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Reference no: EM132792600

Problem 1: Company A has sold $5,000,000 of 5-year bonds at $4,623,000 on January 1, 2019. Prepare the journal entry (debit and credit) for the issuance of the bonds on January 1, 2019.

Reference no: EM132792600

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