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Ayayai Corporation issued $ 5 6 0 , 4 0 0 of 7 % bonds on November 1 , 2 0 2 5 , for
Ayayai Corporation issued $ of bonds on November for $ The bonds were dated November and
mature in years, with interest payable each May and November Ayayai uses the effectiveinterest method with an effective
rate of
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Prepare Ayayai's December adjusting entry. Round intermediate calculations to decimal places, eg and final answers
to decimal places, eg If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles
are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.
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