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Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a S6 300,000, 12% 6-year bond that pays semiannual

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Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a S6 300,000, 12% 6-year bond that pays semiannual interest of $378,000 ($6,300,000 $6,042,999. 12% ), receiving cash of Dournalize the bond issuance. If an amount box does not require an entry, leave it blank Discount On the first day of the fiscal year, a $5,725,528. company issues a $6,300,000, 7%, 6-year bond that pays semiannual interest of $220.500 (ss,300,000 x 7% ), receiving cash of Journalize the st interest payment and the amortization o the related bond discount. Round to the nearest dollar. If an amount box does not require an entry, eave it blank on the first day of the fiscal year, acompany issues a $6,200,000, 11%, $7,006,492 10-year bond that pays semiannual Interest of $341,000 ($6,200,000 1 1% x ), receiving cash of If an amount box does not require an entry, leave it blank Journalize the bond Premium A On the nnt day of the necal yea. company issue. ss,200,000 8% 8-year bond that pays semiannual interest of $240,000 8% x ), receiving cash of $6,200,000 ournalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank

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