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A company issues $750,000 par value bonds at 8.0 percent interest paid semiannually at 93. The bond period is for 10 years. Show the entry

A company issues $750,000 par value bonds at 8.0 percent interest paid semiannually at 93. The bond period is for 10 years. Show the entry to set up the bond and the entry to record the interest payment using the straightline method

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