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3. Wishbone Company issued $2,000,000, 12%, 20-year bonds on January 1, 2020, at 101. Interest is payable semiannually on July 1 and January 1. Instructions
3. | Wishbone Company issued $2,000,000, 12%, 20-year bonds on January 1, 2020, at 101. Interest is payable semiannually on July 1 and January 1. Instructions Prepare the journal entry that Wishbone Company would make related to this bond issue on January 1, 2020. |
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