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On January 1, 2010 Enron issues a $300,000, 6%, 3 year bond that pays interest semiannually on June 30th and December 31st. The current market

On January 1, 2010 Enron issues a $300,000, 6%, 3 year bond that pays interest semiannually on June 30th and December 31st. The current market interest rate is 10%. Prepare the journal entries to record the issuance of the bond and the 6/30/2011 interest payment. Also, what will the carrying value of the bond be on 6/30/2011 and at the end of 3 years

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