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if a company issued $3,250,000 7% 20-year bonds, when the going rate in the investment marketplace was 8%. The selling price of the bonds was

if a company issued $3,250,000 7% 20-year bonds, when the going rate in the investment marketplace was 8%. The selling price of the bonds was $2,900,000. the journa entry for the first serni-annual Interest payment would be

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