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On 3/1/21. Norton Company issued 6% bonds in the face amount of $600,000, which mature in 5 years. Interest is payable semi-annually on March 1

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On 3/1/21. Norton Company issued 6% bonds in the face amount of $600,000, which mature in 5 years. Interest is payable semi-annually on March 1 and and September 1 . The bonds were sold to yield 7%, and bond issue costs were $12,000. Norton uses the effective interest method of amortizing bond discount. Prepare the amortization table. What journal entries. will Norton make in 2021 and 2022 relative to these bonds

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