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On Jan. 1, Year 1, Foxcron Inc. issued 80 bonds with a face value of $1,020 for $85,500. The bonds had a stated rate of

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On Jan. 1, Year 1, Foxcron Inc. issued 80 bonds with a face value of $1,020 for $85,500. The bonds had a stated rate of 5% and pels interest manual What is the journal entry to record the first payment to the bondholders? If an amount bow does not require an entry leave it blank Jun 30 Interest Espen X Cash x

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