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D E F G . K L M N Q R T 6 On May 1, 2018, Al Tamimi Finance Ltd. issued a 10-year, 8%,

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D E F G . K L M N Q R T 6 On May 1, 2018, Al Tamimi Finance Ltd. issued a 10-year, 8%, OMR 500,000 face value bond at 102 (2% above par). Interest is payable each year on May 1 and November 1. The company year-end is December 31 and follows IFRS. Requirements: Pass the necessary journal entries and open interest account, interest payable account and premium on bonds account Premium O 8 9 10

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