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A $ 3 7 6 0 0 0 1 5 - year 7 % bond is ussued on January 1 for cash. Prepare the journal

A $

376000 15 -

year

7 %

bond is ussued on January

1

for cash. Prepare the journal entries required for the Jan

1

issue and

the first interest payment on June

30

under these situations

(

SHOW ALL CALCULATIONS

)

Bond price was

97

Bond price was

104

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