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Merim taxtiles was permitted to issuw 10 years bonds with pa value of $5000 at the interest rate of 10% which will be paid quaterly.

Merim taxtiles was permitted to issuw 10 years bonds with pa value of $5000 at the interest rate of 10% which will be paid quaterly. However company sells each bond at discount per price of $4500 due to low credit rating of the company. This company issued 500 bonds on august 1st 2019. Record the transaction of the bond till December 31st 2021.

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