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.(3 points) On 01-01-15, J issued $6,000,000 of its 4%, 7-year term bonds dated 01-01-15. At the time the bonds were issued, similar bonds paid

.(3 points) On 01-01-15, J issued $6,000,000 of its 4%, 7-year term bonds dated 01-01-15. At the time the bonds were issued, similar bonds paid 4.5%. In conjunction with issuing the bonds, on 01-01-15, J incurred and paid $50,000 of issuance costs. The bonds pay interest every July 1 and January 1. J uses the effective-interest method to amortize any bond discount or premium. J prepares AJEs only as of every December 31. Prepare the entries J should make on

a. 01-01-15

b. 07-01-15

c. 12-31-15

d. 01-01-16

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