Question

Larkspur, Inc. issues $262,000, 10-year, 10% bonds at 96. Prepare the journal entry to record the...

Larkspur, Inc. issues $262,000, 10-year, 10% bonds at 96. Prepare the journal entry to record the sale of these bonds on March 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Account Titles and Explanation

Debit

Credit

Enter an account title enter a debit amount enter a credit amount
Enter an account title enter a debit amount enter a credit amount
Enter an account title enter a debit amount enter a credit amount

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