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Adjusting entry please On September 30, 2020 the company issued a 5-year, 4%, $500,000 bond when the market rate was 5% and it pays interest

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Adjusting entry please
On September 30, 2020 the company issued a 5-year, 4%, $500,000 bond when the market rate was 5% and it pays interest semi-annually on March 31 and September 31. The company uses the effective interest rate method for the amortization of bond discounts and premiums

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