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apter 7 Doyle Company issued $500,000 of year, 7 percent bonds on January t 2018. The bonds were issued at face vale Interest is payable

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apter 7 Doyle Company issued $500,000 of year, 7 percent bonds on January t 2018. The bonds were issued at face vale Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $125.000 of cash revenue, which was collected on December 31 of each year, beginning December 31, 2018 Exercise 7-13 Part a aO1ganize the transaction data n-courts under the accounting eouaion for 2018 and 2019 (Enter "y decreases to eccount belances with e minus sign. Select "NA" If there is no effect on the "Accounts Titles for Retelned Eernings Eflect of Events on he Accounting Equation and 201 1 40 . 2 3 4 5 6 8

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