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Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $2,000,000, 10%, 4-year bond that pays semiannual interest
Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $2,000,000, 10%, 4-year bond that pays semiannual interest of S100,000 ($2.000.000 x 10% x 12), recelving cash of $1,875,805 Journalize the bond issuance. If an amount box does not require an entry, leave it blank
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