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On January 1, 2013, Andrew Company issues $320,000, 15 year, 8% bonds (paying semiannual interest) for $382,721, when the annual market rate of interest is

On January 1, 2013, Andrew Company issues $320,000, 15 year, 8% bonds (paying semiannual interest) for $382,721, when the annual market rate of interest is 6%. If the company uses the effective interest method of

amortization, the journal entry to record the semi-annual interest on June 30 will include a:

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