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For complete credit, show work and circle the final answer. Company B issued bonds with the following details S Date of issuance Date of maturity
For complete credit, show work and circle the final answer. Company "B" issued bonds with the following details S Date of issuance Date of maturity Face value Stated rate Market rate Interest dates Amortization method On January 1st, 2015, after the interest was paid, company "B" called back all bonds 01/01/2010 01/01/2020 120,000 10% 11% Jan 1st and July 1st Effective interest rate S 120,000 Price paid to buy back the bonds 1 What is the journal entry on 1/1/2015
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