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E-Tech Initiatives Limited plans to issue $600,000,10-year, 3 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on

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E-Tech Initiatives Limited plans to issue $600,000,10-year, 3 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 96 . (Deductions should be indicoted by o minus sign.)

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