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Barney corporation received authorization on December 31, year 1, to issue 2,500,000 of 6%, 10 year bonds. the interest payment dates are june 30 and

Barney corporation received authorization on December 31, year 1, to issue 2,500,000 of 6%, 10 year bonds. the interest payment dates are june 30 and decmber 31. all the bonds were issued at a price of 100, plus accrued interest, on February 28, Year 2, twon months after the authorization of the bond issue

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