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a company jssued a $200,000, 4%, 5 year bond for an issue price of $225,000. tge bond was issued on Jan 1,2020 and coupon payments
a company jssued a $200,000, 4%, 5 year bond for an issue price of $225,000. tge bond was issued on Jan 1,2020 and coupon payments are made on Jan 1 and July 1.
what is the journal entry to record the issuance of the bonds?
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