Eddie industries issues $1,500,000 of 8% bonds at 105. the amount of cash received from the sale is

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Selah Cortez

21 March, 10:53

Eddie industries issues $1,500,000 of 8% bonds at 105. the amount of cash received from the sale is

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Angelo Boyd · Answer 1

Eddie industries issues $1,500,000 of 8% bonds at 105. the amount of cash received from the sale is $1,575,000. Cash Receipts Journal. In accounting, journals are used to record related activities and to preserve transactions formed. One of the journals is aa cash receipts journal.