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de, Inc. issued $758,000 of bonds on December 15, 2022, when the market rate of interest was 6%. The 5-year bonds pay interest annually at
de, Inc. issued $758,000 of bonds on December 15, 2022, when the market rate of interest was 6%. The 5-year bonds pay interest annually at 6%. Grande has a December 31 fiscal year-end. Prepare the journal entries to record the is ssification of the bonds on December 31, 2026. (Record debits first, then credits. Exclude explanations from any journal entries.) re Value of $1 table Future Value of an Ordinary Annuity table Future Value of an Annuity Due table ent Value of $1 table Present Value of an Ordinary Annuity table Present Value of an Annuity Due table n by preparing the journal entry to record the issuance of the bonds on December 15, 2022. December 15, 2022 count W record the entry for reclassification of the bonds on December 31, 2026. count December 31, 2026
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