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On January 1, 2020, Vaughn Manufacturing sold 11% bonds with a face value of $2350000. The bonds mature in five years, and interest is paid

On January 1, 2020, Vaughn Manufacturing sold 11% bonds with a face value of $2350000. The bonds mature in five years, and interest is paid semiannually on June 30 and December 31. The bonds were s...

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