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On Jan 1, 2016, A Company issued bonds at $103,000 with par value of $100,000, and it also incurred debt issue cost of $5,000. The
On Jan 1, 2016, A Company issued bonds at $103,000 with par value of $100,000, and it also incurred debt issue cost of $5,000. The bonds are termed with 5 years.
Required
1. January 1, 2016
2. Dec 31,2016 (ignoring expense journal entry.
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