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Ivanhoe Inc. issued $870,000 of 20 -year, 10% bonds on January 1,2023 , at 104 . Interest is payable semi-annually on July 1 and January

image text in transcribed Ivanhoe Inc. issued $870,000 of 20 -year, 10% bonds on January 1,2023 , at 104 . Interest is payable semi-annually on July 1 and January 1. The company follows ASPE and uses the straight-line method of amortization for any bond premium or discount. (a) Prepare the journal entries to record the following: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) Question 6 of 6 1633 List of Accounts Last saved 1 second ago. Attempts: 0 of 5 used Saved work will be auto-submitted on the due date. Auto

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