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Brief Exercise 10-17 (Part Level Submission) Oxford Inc. issues $5.83 million, 5-year, 10% bonds at 103, with interest payable on January 1. The straight-line method

Brief Exercise 10-17 (Part Level Submission) Oxford Inc. issues $5.83 million, 5-year, 10% bonds at 103, with interest payable on January 1. The straight-line method is used to amortize bond premium.

Prepare journal entry

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