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#5 On January 1, 2018 NBR Company issues a $100,000 two year Zero Coupon Bond due January 1, 2020. The interest rate implicit in the

#5 On January 1, 2018 NBR Company issues a $100,000 two year Zero Coupon Bond due January 1, 2020. The interest rate implicit in the Bond is 6%. The present value of $1 for 2 years at 6% is $0.89. Prepare all journal entries that NBR Company is required to record during the life of this Bond and indicate the date that each entry would be made on

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