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Bonds Payable--face amount $80,000 6% Legal rate three (3) years Annual payments Problem #1 --Market rate 4%--Make ALL entries!! Problem #2--Market rate 7%--Make ALL entries

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Bonds Payable--face amount $80,000 6% Legal rate three (3) years Annual payments Problem #1 --Market rate 4%--Make ALL entries!! Problem #2--Market rate 7%--Make ALL entries

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