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On January 1, 2017, Forrester Company issued $458,500, 8%, 5-year bonds at face value. Interest is payable annually on January 1. (a) Prepare the journal

On January 1, 2017, Forrester Company issued $458,500, 8%, 5-year bonds at face value. Interest is payable annually on January 1. (a) Prepare the journal entry to record the issuance of the bonds.

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