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13. On January 1, 2015, Ford issues $1,000,000 of 8%, 12-year bonds at a price of 95 that pay interest semiannually. The straight-line method is

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13. On January 1, 2015, Ford issues $1,000,000 of 8%, 12-year bonds at a price of 95 that pay interest semiannually. The straight-line method is used to amortize any bond premium or discount. What is the journal entry to record the issuance of the bonds on January 1, 2015? (4 points) GENERAL JOURNAL Page 1 Date Description Debit Credit

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