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Joseph Company issued $800,000, 11%, 10-year bonds on December 31, 2009, for $730,000. Interest is payable semiannually on June 30 and December 31. Joseph Company

Joseph Company issued $800,000, 11%, 10-year bonds on December 31, 2009, for $730,000. Interest is payable semiannually on June 30 and December 31. Joseph Company uses the straight-line method to amortize bond premium or discount

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