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$22,000 of the bonds were retired when the bonds were selling at 89 . Assume the straight-line interest method is used to amortize bond discounts
$22,000 of the bonds were retired when the bonds were selling at 89 . Assume the straight-line interest method is used to amortize bond discounts and premiums. - Note: When answering the following questions, round your answers to the nearest whole dollar. a. Provide the entry for the bond issuance on March 1 of Year 1. b. Provide the entry for the interest payment on June 30 of Year 1. c. Provide the entry to recognize interest expense for the portion of the bond issue retired on September 1 of Year 1. d. Provide the entry to record the bond retirement on September 1 of Year 1
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