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Journalize the entries to record the foregoingtransactions.Indicate the amount of the interest expense in ( a ) 2 0 Y 1 and ( b )

Journalize the entries to record the foregoingtransactions.Indicate the amount of the interest expense in (a )20 Y 1 and (b)20 Y 2.Determine the carrying amount of the bonds as ofDecember 31,20 Y 2.
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