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Instructions On January 1, the first day of the fiscal year a company issues a 52300,000, 11.five-year bond that passemiannual interest of $126.500 (2,300,000 11%

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Instructions On January 1, the first day of the fiscal year a company issues a 52300,000, 11.five-year bond that passemiannual interest of $126.500 (2,300,000 11% %) receiving cash of 4.251 150 Required: Journalize the first interest payment and the monteration of the related and decount fer to the chart of accounts for the exact wording of the account the CNOW journals do not use Ines for your explanation Every ine on a cow page wed for det er credentro CNOW journals will automatically indent a credit and when a credit amount is entered

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