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On January 1, 2020, Rodos Corporation issued 8-year bonds with a face value of $6,200,000 and a stated interest rate of 8%, payable semiannually on

On January 1, 2020, Rodos Corporation issued 8-year bonds with a face value of $6,200,000 and a stated interest rate of 8%, payable semiannually on June 30 and December 31. The bonds were sold to yield 10%. The entry to record the issuance will include what entries.

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