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Bringham Company issues bonds with a par value of $300,000. The bonds mature in 10 years and pay 6% annual interest in semiannual payments. The

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Bringham Company issues bonds with a par value of $300,000. The bonds mature in 10 years and pay 6% annual interest in semiannual payments. The annual market rate for the bonds is 8% (Tatile B.1. Table B2 Table 8.3 and Table B.4 (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their Issue date. 2. Prepare the journal entry to record the bonds' Issuance. Complete this question by entering your answers in the tabs below. Required Required 2 Prepare the journal entry to record the bonds Issuance. (Round Intermediate calculations to the nearest dollar amount.) View transaction list Journal entry worksheet Record the issuance of the bonds for cash. Not Enter debita before credits Debit Credit Transition General Journal Dach Disuntan bones cayable Bongo D1179 10S BDB000

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