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Concord Corporation issued $493,500 of 5 year, 5% bonds at 98 on January 1,2022 . The bonds pay interest annually. (a1) Prepse the joumal entry

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Concord Corporation issued $493,500 of 5 year, 5% bonds at 98 on January 1,2022 . The bonds pay interest annually. (a1) Prepse the joumal entry to record the issuance of the bonds. (Credit occount titles are outomatically indented when amount is entered. Do not indent monually.)

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