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Dunphy Company issued $32,000 of 70% 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31. Prepare
Dunphy Company issued $32,000 of 70% 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31. Prepare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30. View transaction list Journal entry worksheet
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
10th edition
978-1260481952
