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On August 1, 2022, Bridgeport Corp. issued $483,600,7%,10-year bonds at face value. Interest is payable annually on August 1. Bridgeport's year-end is December 31. (a)

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On August 1, 2022, Bridgeport Corp. issued $483,600,7%,10-year bonds at face value. Interest is payable annually on August 1. Bridgeport's year-end is December 31. (a) - Youranswer is partially correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manuallyd

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