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Business, 12.04.2021 23:20 tonhill6923

Carla Vista Company issued $790,000, 9%, 10-year bonds on December 31, 2019, for $720,000. Interest is payable annually on December 31. Carla Vista Company uses the straight-line method to amortize bond premium or discount. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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Carla Vista Company issued $790,000, 9%, 10-year bonds on December 31, 2019, for $720,000. Interest...

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