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Company borrowed money by issuing $ 3 comma 000 comma 000 of 6% bonds payable at 102.9 on July 1, 2021. The bonds are five-year
Company borrowed money by issuing $ 3 comma 000 comma 000 of 6% bonds payable at 102.9 on July 1, 2021. The bonds are five-year bonds and pay interest each January 1 and July 1. Journalize the issuance of the bonds payable. (Record debits first, then credits. Exclude explanations from any journal entries.)
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