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on August 1, 2025 LMU Corp issues $600,000, 7% , 10 year bonds at face value. interest is payable annually on AUGUST 1, LMU year

on August 1, 2025 LMU Corp issues $600,000, 7% , 10 year bonds at face value. interest is payable annually on AUGUST 1, LMU year end is December 31. Prepare the journal entries to record the follwoing a) the issuance of bonds

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