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Posted on Jul 29, 2024

Assuming the company seils the bonds for $ 1 0 2 , 4 5 8 . 7 1 with a yield of 1 2 %

Assuming the company seils the bonds for $

102, 458.71

with a yield of

12 % .

Prepare the journal entries for the initial sale of the bonds as well as the first two interest payment journal entries.

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