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(To record sale of bonds at a discount) July 1, 2005 Bond . issued $1,500,000, 10%, 20-year bonds on . in Discount on Bonds Payable is $4,800.

(To record sale of bonds at a discount) July 1, 2005 Bond ... issued $1,500,000, 10%, 20-year bonds on ... in Discount on Bonds Payable is $4,800. At that time, Delta redeemed at 101 show journal

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