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8 Red and Blue Airelines issued $900,000 of 8%, 10-year bonds on January 1,2022, at face value. Interest is payable annually each January 1. What

8 Red and Blue Airelines issued $900,000 of 8%, 10-year bonds on January 1,2022, at face value. Interest is payable annually each January 1. What is the journal entry to record the accrual of interest on December 31

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