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Posted on Jul 27, 2024

$ 4 , 0 0 0 , 0 0 0 6 % interest 1 5 year bond pay semiannual intrest on June 3 0 and

4, 000, 000 6 %

interest

15

year bond pay semiannual intrest on June

30

and Dec

31 .

Bonds are issued at a price of $

3, 456, 448 .

What is the journal entry for Jan

1

issurance

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