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image text in transcribedI posted this question and did not get an answer. I want a detailed answer, with the need to show how each point is calculated

Question 2 (4 marks) On.March 1, 2020, Piper Co. issued $400,000,7%,5-year bonds dated January 1, 2020, with interest payable semiannually on June 30 and December 31. The bonds were sold at 1.0853 plus accrued interest to yield 6%. Journalize the required entries on March 1, 2020

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