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how to journal a bond issued $1,000,000 of 9%, 5-year bonds dated january 1,2016. Thebonds pay interest annually on December 31. the bonds were issued

how to journal a bond issued $1,000,000 of 9%, 5-year bonds dated january 1,2016. Thebonds pay interest annually on December 31. the bonds were issued to yield 10%. Bondissue costs associated with thebonds totaled $18,000.

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