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Larkspur Inc. issued $180,000, 5-year bond on January 1, 2021 paying 8% interest on a semi-annual basis every January 1 and July 1. Prepare the

Larkspur Inc. issued $180,000, 5-year bond on January 1, 2021 paying 8% interest on a semi-annual basis every January 1 and July 1. Prepare the first-year journal entries for the bond issue and inter...

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