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On January 1 , 2 0 2 3 a copany issued 5 - year 7 % bonds with a par value of 4 0 0

On January 1,2023 a copany issued 5-year 7% bonds with a par value of 400,000. The market rate when the bonds were issued was 6.5%. The bonds pay interest semiannually, and the company received 408,422 for the bond.
A. Journalize the issuance of the bond
B. Using the straight-line method, journalize the amount of recorded interest expense for the first semiannual interest period on June 30,2023
C. Using the straight-line method, journalize the amount of recorded interest expense for the last semiannual interest period on December 31,2027
D. Journalize the redemtion of the bond on its maturity date

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