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HW Problem 10.2 - On 1/1/X Bruce Company issued $500,000 of 5 year 6% bonds at 94 . Interest is paid semiannually on 6/30&12/31 and

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HW Problem 10.2 - On 1/1/X Bruce Company issued $500,000 of 5 year 6% bonds at 94 . Interest is paid semiannually on 6/30&12/31 and principal is due at maturity. A) Record the journal entry for Bruce Co. at issuance. B) Record the journal entries 6/30&12/31 of the first year. C) What is the total amount of interest expense incurred over the life of the bond? D) Complete the following table

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