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On January 1, 2021. White Water issues $600,000 of 7% bonds, due in 10 years with interest payable annually on December 31 each year Assuming

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On January 1, 2021. White Water issues $600,000 of 7% bonds, due in 10 years with interest payable annually on December 31 each year Assuming the market interest rate on the issue date is 8%, the bonds will issue at $559740, 2. Record the bond issue on January 1, 2021, and the first two interest payments on December 31, 2021, and December 31, 2022 (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar) View transaction fist Journal entry worksheet > 1 2 3 Record the bond issue at the debts before credit General Journal Debit Credit Date January 01, 2021 Record entry Cleste View general journal

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