On January 1,2017,NOLA Services issued $20,000 of 8% bonds that mature in five years.The bonds were issued for $20,750.Prepare the journal entry to issue bonds.

Name: On January 1,2017,NOLA Services issued $20,000 of 8% bonds that mature in five years.The bonds were issued for $20,750.Prepare the journal entry to issue bonds.
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The Answer of On January 1,2017,NOLA Services issued $20,000 of 8% bonds that mature in five years.The bonds were issued for $20,750.Prepare the journal entry to issue bonds.

On January 1,2017,NOLA Services Issued $20,000 of 8% Bonds That