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On January 1, a corporation issues bonds that have a $4,500,000 par value, mature in 20 years, and pay 10% interest semiannually on June 30
On January 1, a corporation issues bonds that have a $4,500,000 par value, mature in 20 years, and pay 10% interest semiannually on June 30 and December 31. The bonds are sold at par. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the journal entry to record the issuance of the bonds on January 1. View transaction list Journal entry worksheet 1 Record the issuance of the bonds on January 1. Note: Enter debits before credits. Date January 01 General Journal Debit Credit
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