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E-Tech Initiatives Limited plans to issue $560,000,10-year, 7,00 percent bonds. Interest is payable annually on December 31 . All of the bonds will be issued

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E-Tech Initiatives Limited plans to issue $560,000,10-year, 7,00 percent bonds. Interest is payable annually on December 31 . All of the bonds will be issued on January 1,2022. Show how the bonds would be reported on the January 2,2022 , balance sheet if they are. issued at 104

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