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Clark Company issued $60,000 of 10-year, 8% bonds payable on January 1, 2024 Clark Company pays interest each January 1 and July 1 and

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Clark Company issued $60,000 of 10-year, 8% bonds payable on January 1, 2024 Clark Company pays interest each January 1 and July 1 and amortires discount or premium by the straight-line amortization method. The company can issue bonds payable under various conditions Read the requirements Requirement 1. Jounale Clark Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at face value. Explanations are not required (and debt ry en dis Exclude exam any jumal enties) Jounalize the issuance of the bond payable at face value Date 2004 Jan1 Cas Accounts De Credd

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