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On January 1 , 2 0 1 9 , TJ Max issued 1 0 % , 1 0 year bonds payable with a par value
On January TJ Max issued year bonds payable with a par value of $ The bonds pay interest on July and January The bonds were issued for $ cash. Prepare the general journal entry to record the first semiannual interest payment. The company uses the straightline method of amortization.
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