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On January 1, 20X8, Hasta Corporation issues 2-year, $200,000 face value zero-coupon bonds with a negotiated interest rate of 7%. If Hasta uses the effective

On January 1, 20X8, Hasta Corporation issues 2-year, $200,000 face value zero-coupon bonds with a negotiated interest rate of 7%. If Hasta uses the effective interest rate method, which of the following is the correct journal entry for Hasta to make on December 31, 20X8 to accrue interest?

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