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5. Keaubie Co. issued $400,000, 6.75% 15-year bonds payable at a price of 100 (face value), on Jan. 1a.Journalize the issuance of the bonds. Journalize

5. Keaubie Co. issued $400,000, 6.75% 15-year bonds payable at a price of 100 (face value), on Jan. 1a.Journalize the issuance of the bonds. Journalize the first annual interest payment and amortization of the discount or premium.c.Journalize the retirement of the bonds at maturity.

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