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Issuing/Redeeming Bonds at Par, a Discount or a Premium (a) On July 2016. Frodo Corporation issued $600,000. 6%, $1,000 10-year bonds at face value (par).

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Issuing/Redeeming Bonds at Par, a Discount or a Premium (a) On July 2016. Frodo Corporation issued $600,000. 6%, $1,000 10-year bonds at face value (par). Interest payable semiannually on January 1 and July 1. Frodo Corporation has a calendar year is to the bond issue for 2016. (b) On July, Delta Company issued $1,000 bonds with a total face amount of $1, 500,000. These bonds are issued at 103. Provide the entry to record the sale of these bonds on June 1

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