Prepare the journal entry to record the issuance of the bond

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Problem

On October 1, 2024, Bramble Corp. issued $756,000, 7%, 10-year bonds at face value. The bonds were dated October 1, 2024, and pay interest annually on October 1. Financial statements are prepared annually on December 31. Get the instant assignment help. Prepare the journal entry to record the issuance of the bonds.

Reference no: EM133921541

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