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E11-16 on june 30 dogwood limited issues 8%, 20- year bonds payables with a maturity value of $130,000. the bonds sell at 94 and pay
E11-16 on june 30 dogwood limited issues 8%, 20- year bonds payables with a maturity value of $130,000. the bonds sell at 94 and pay interest on june 30 and december 31, Dogwood amortizes bond discount by the straight- line method.
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