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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
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. 6. Issued 1000 shares for $20 with a par value of $15. Reacquired 100 shares for $22. Journalize all necessary entries.
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