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Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $8,400,000, 6 % , 4-year bond that pays
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $8,400,000, 6 % , 4-year bond that pays semiannual interest of $252,000 ($8,400,000 2), receiving cash of $9,343,227. 6% Journalize the bond issuance. an amount box does not require an entry, leave it blank
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