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Question(s) / Instruction(s):

"On May 31, 2007, Core Company issued 1,000, 14%, 10-year $1,000 bonds at 105. Each bond was issued with one detachable stock warrant. Shortly after issuance, the bonds were selling at 102, but the market value of the warrants cannot be determined. Instructions (a) Prepare the entry to record the issuance of the bonds and warrants.

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