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5. REQUIRED: Prepare the journal entries for 2016, the first year and 2020, the last year. What accounts and amounts will be reported on the

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5. REQUIRED: Prepare the journal entries for 2016, the first year and 2020, the last year. What accounts and amounts will be reported on the balance sheet on December 31, 2017 under long-term liabilities? On January 1, 2016, a manufacturing company, issued $20,000,000 five-year bonds at 98 paying four percent interest annually on December 31

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