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On January 1, 2013, Davie Services issued $20,000 of 8% bonds that mature in five years. The bonds pay semiannual interest payments on June 30
On January 1, 2013, Davie Services issued $20,000 of 8% bonds that mature in five years. The bonds pay semiannual interest payments on June 30 and December 31 of each year.
Record the journal entry for the issuance of a bond at par:
Record the journal entry for the issuance of a bond at 103:
Record the journal entry for the issuance of a bond at 96:
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