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Current Attempt in Progress On January 1, 2022, Bramble Corporation issued $ 1,620,000 face value, 7%, 10-year bonds at $ 1,511,296. This price resulted in

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Current Attempt in Progress On January 1, 2022, Bramble Corporation issued $ 1,620,000 face value, 7%, 10-year bonds at $ 1,511,296. This price resulted in an effective interest rate of 8% on the bonds. Bramble uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1. (a) Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Credit Debit Account Titles and Explanation Jan. 1 e Textbook and Media List of Accounts Attempts: 0 of 1 used Submit Answer Save for Later Last saved 48 seconds ago Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes

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