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5. Sold a bond with a face value of $20,000 for 110. Paid interest of 5% for one year. The maturity period is 5 years.

5. Sold a bond with a face value of $20,000 for 110. Paid interest of 5% for one year. The maturity period is 5 years. Sold the bond after the first year for 120. Journalize all necessary entries

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