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Issung bonds at a Premium On the first day of the fiscal year, a company issues a $5,400,000, 9%, 6-year bond that pays semiannual interest
Issung bonds at a Premium On the first day of the fiscal year, a company issues a $5,400,000, 9%, 6-year bond that pays semiannual interest of $243,000 ($5,400,000 9% 16), receiving cash of $6,206,272 Journalize the bond issuance. If an amount box does not requre an entry, leave it blank
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