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On December 31, 2018, Washington Company issued $72,200 of 5% bonds at 86. The bonds were dated December 31, 2018, and pay interest on June

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On December 31, 2018, Washington Company issued $72,200 of 5% bonds at 86. The bonds were dated December 31, 2018, and pay interest on June 30 and December 31 Required: Compute the amount of discount or premium on bonds payable on December 31, 2018 Discount Premium X 2

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