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On January 1, 2013, Davie Services issued $20,000 of 8% bonds that mature in five years. They were sold at a premium, for a total of $20,750. Provide the journal entry to issue bonds.
Concepts
General ideas or understandings that individuals have about something, which are used to categorize and interpret information.
Schema's Tendency
The propensity of cognitive schemas, which are frameworks for understanding the world, to influence perception and memory in a consistent direction.
Salience
The quality of being particularly noticeable or important; something that stands out in a person's perception or attention.
Priming
The psychological phenomenon where exposure to one stimulus influences the response to a subsequent stimulus, without conscious guidance or intention.
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