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Bridgeport Company issued $ 2 , 3 9 0 , 0 0 0 , 8 % , 2 0 - year bonds on January 1

Bridgeport Company issued $2,390,000,8%,20-year bonds on January 1,2020, at 103. Interest is payable annually on January 1. Bridgeport uses straight-line amortization for bond premium or discount. Prepare the journal entries to record the following events. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
(a) The issuance of the bonds.
(b) The accrual of interest and the premium amortization on December 31,2020.
(c) The payment of interest on January 1,2021.
(d) The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.

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a The issuance of the bonds Date January 1 2020 Debit Cash 2390000000 The amount received from the b... blur-text-image

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