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A company issued 9%,15 -year bonds with a par value of $560,000 that pay interest semiannually. The market rate on the date of issuance was
A company issued
9%,15
-year bonds with a par value of
$560,000
that pay interest semiannually. The market rate on the date of issuance was
9%
. The journal entry to record each semiannual interest payment is:
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