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Exercise 14-10 (Part Level Submission) On January 1, 2020, Windsor Company sold 12% bonds having a maturity value of $700,000 for $811,794, which provides the

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Exercise 14-10 (Part Level Submission) On January 1, 2020, Windsor Company sold 12% bonds having a maturity value of $700,000 for $811,794, which provides the bondholders with a 8 yield. The bonds are dated January 1, 2020, and mature January 1, 2025, with interest payable December 31 of each year, Windsor Company locates interest and unmortized discount or premium on the effective-interest basis. (a) Prepare the journal entry at the date of the bond issuance. (Round answer to decimal places, e.g. 38,548. Ir ne entry is required, select "No Entry" for the account tities and entero for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit Credit January 1, 2020 Click If you would like to Show Work for this questioni One Show Work SHOW LIST OF ACCOUNTS Attempts of 10 used SA POR LATER

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