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dubbin ltd issues 3 million in 5 year 8% semi annual coupon debentures . The rate pf return required by the market is 6% per

dubbin ltd issues 3 million in 5 year 8% semi annual coupon debentures . The rate pf return required by the market is 6% per annum. What is the journal entry to record the issue of the denuntures (rounded to the nearest dollar) ?

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