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2) Journalize the entries for Issuing the bond & first interest payment with amortization (2 entries). On 4/1, saints Company issues a $700,000, 596, five-year

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2) Journalize the entries for Issuing the bond & first interest payment with amortization (2 entries). On 4/1, saints Company issues a $700,000, 596, five-year bond that pays semiannually on 4/1 and 10/1, receiving cash of $690,960 Page 21 Credit Journal Date Debit Description

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