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On January 1, 2013, Jacob issues $600,000 of 11%,15-year bonds at a price of 102%. The straight-line method is used to amortize any bond discount

On January 1, 2013, Jacob issues $600,000 of 11%,15-year bonds at a price of 102\%. The straight-line method is used to amortize any bond discount or premium. What is the journal entry to record the first interest semi-annual interest payment on

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