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Below is my homework assignment. I need help starting off the problem. How would I compute the issuance of the bonds? E10-9 On January 1,

Below is my homework assignment. I need help starting off the problem. How would I compute the issuance of the bonds?

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E10-9 On January 1, Kirkland Company issued $300,000, 8%, 10~year bonds at face val1 Interest is payable annually on January 1. Instructions Prepare journal entries to record the following events. (a) The issuance of the bonds. (b) The accrual of interest on December 31. (c) The payment of interest on January 1

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