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Entries for Issuing Bonds year of the company is the calendar year. May 1 Issued the bonds for cash at their face amount. Nov. 1

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Entries for Issuing Bonds year of the company is the calendar year. May 1 Issued the bonds for cash at their face amount. Nov. 1 Paid the interest on the bonds. Dec. 31 Recorded accrued interest for two months

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