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Chart of Accounts Journal Instructions On January 1, the first day of the fiscal year, a company issues a $5,000,000, 6%, 10-year bond that pays

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Chart of Accounts Journal Instructions On January 1, the first day of the fiscal year, a company issues a $5,000,000, 6%, 10-year bond that pays semiannual interest of $150,000 (55,000,000 x 6% x $5,000,000 year), receiving cash of Journalize the entries to record (a) the issuance of the bonds, (b) the first interest pay Chart of Accounts for exact wording of account titles June 30, and (c) the payment of the principal on the maturity date of December 31. Refer to the Check My Work 2 more Check My Work uses remaining signment Score: 25% All work saved. O Type here to search D e M $ 3 .9

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