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Bonita ltd issued $ 5 , 0 0 0 , 0 0 0 of 1 0 - year , 6 % bonds on January 1
Bonita ltd issued $ of year bonds on January when the market interest rate was Bonita received $ when it issued these bonds. Interest is payable semiannually on July and January Bonita has a December year end. Record the journal entry for the payment of interest on January
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