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Crisps Computer Co. issued $100,000 of 9% bonds on January 1, 20x9. The bonds mature in ten years and pay interest each December 31. Assume

Crisps Computer Co. issued $100,000 of 9% bonds on January 1, 20x9. The bonds mature in ten years and pay interest each December 31.

Assume the bonds are issued at par.

What is the appropriate journal entry when the bonds are issued on January 1, 20x9?

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