Describe the effect on the accounting equation of the issuance of $500,000, 8% ten-year bonds at 103 1/2. Use numerical amounts in your answer.

Name: Describe the effect on the accounting equation of the issuance of $500,000, 8% ten-year bonds at 103 1/2. Use numerical amounts in your answer.
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The Answer of Describe the effect on the accounting equation of the issuance of $500,000, 8% ten-year bonds at 103 1/2. Use numerical amounts in your answer.

Describe the Effect on the Accounting Equation of the Issuance