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On Jan 1st 2018, our company issues $600,000 callable bonds at 8%.The bonds mature onMarch31 2019. They pay interest quarterly on March, market rate for

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On Jan 1st 2018, our company issues $600,000 callable bonds at 8%.The bonds mature onMarch31" 2019. They pay interest quarterly on March, market rate for similar bonds is 6%) our company issues financial statements datedJuly31steveryyear. June 30t,September 30th, and December 31st. The Part A. What is the journal entry to record the Jan 1st Bond issuance? (6 Points) cash Bonel Pay Part B. Complete an amortization table using the effective interest method. Round as needed.(6 Points) Change in balance Outstanding Balance Effective Interest Date Cash Interest AIR

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