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15sued at a discount LO 10-4 On January 1. Year 1. Price Co. issued $141,000 of five-year, 8 percent bonds at 95. Interest is payable

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15sued at a discount LO 10-4 On January 1. Year 1. Price Co. issued $141,000 of five-year, 8 percent bonds at 95. Interest is payable annually on December 31. The discount is amortized using the straight-line method. Required Prepare the journal entries to record the bond transactions for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" In the first account fleld.) View transaction list Journal entry worksheet 2 Record the entry for Issuance of bonds. Not Enlar dalits bort Date General Journal Debit Credit Jan 01 Record entry Clear entry View general journal

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