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On January 1, 2017, Meeks Corporation issued $5,000,000 1, 2017 is 10 year, 4% bonds at 102. Interest is payable annually on January 1 The

On January 1, 2017, Meeks Corporation issued $5,000,000 1, 2017 is 10 year, 4% bonds at 102. Interest is payable annually on January 1 The journal entry to record this transaction on January 1, 2020:

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