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1. Prepare the journal entry assuming $700,000, ten-year, 9% bond issue was sold to yield 10% interest payable annually l. Prepare the journal entryr assuming

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1. Prepare the journal entry assuming $700,000, ten-year, 9% bond issue was sold to yield 10% interest payable annually

l. Prepare the journal entryr assuming $700,000, ten-year, 900 bond issue was sold to yield 10% interest payable annually.

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