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On januar 1 2020, jones issued a 20 year bond with 200, 000 maturity value. The annual coupon rate and the annual market rate at
On januar 1 2020, jones issued a 20 year bond with 200, 000 maturity value. The annual coupon rate and the annual market rate at issuance were the same, so the issue price for the bond was 200,000. On January 1, 2037, jones repurchase the bond fo 209000. Identify the correct journal entry for the purchase of the bond
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