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3 Jan 1. Prepare journal entries for the issuance of $10,000,000 11%, 10 year semmiannual bonds issued on 1/1 of this year at an effective

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3 Jan 1. Prepare journal entries for the issuance of $10,000,000 11%, 10 year semmiannual bonds issued on 1/1 of this year at an effective rate of 12%. Also prepare entries for payment of interest for the first two payments on 7/1 and 1/1

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