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Issuing bonds at a premium On the first day of the fiscal year, a company issues a $ 2 , 6 0 0 , 0

Issuing bonds at a premium
On the first day of the fiscal year, a company issues a $2,600,000,6%,6-year bond that pays semiannual interest of
12, receiving cash of $3,025,391.
Journalize the bond issuance. If an amount box does not require an entry, leave it blank.
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