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Northeast's journal entries to record interest expense and amortize the bond discount in the first year follows: Journal entries (Click the icon to view the
Northeast's journal entries to record interest expense and amortize the bond discount in the first year follows: Journal entries (Click the icon to view the journal entries.) At December 31, 2021, Northeast's bond accounts appear as follows: (Click the icon to view the accounts.) What would Northeast Airlines' 2021 income statement and year-end balance sheet report for these bonds? Transaction Accounts
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