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Oriole Corporation issues $340,000 of bonds for $343,400. (a) 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.) eTextbook and Media Attempts: 0 of 3 used (b) Show how the
bonds would be reported on the balance sheet at the date of issuance. (Enter account name only
and do not provide descriptive information.)

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Oriole Corporation issues 340000 of bonds for 343400 a.pdf

  • 1. Oriole Corporation issues $340,000 of bonds for $343,400. (a) 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.) eTextbook and Media Attempts: 0 of 3 used (b) Show how the bonds would be reported on the balance sheet at the date of issuance. (Enter account name only and do not provide descriptive information.)