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Marsh corporation issued 1 7 0 0 3 % 5 year, $ 1 0 0 0 bonds dated january 1 , 2 0 2 5

Marsh corporation issued 17003%5 year, $1000 bonds dated january 1,2025 at face value. Interest is paid each jan 1. Prepare journal entries to record the issuance of the bonds, the accrual of interest on dec 312025 and the payment of interest on jan 12026

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