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On January 1, Davis issued $800,000 in 10 year, 7% bonds. The bonds were priced to yield 9%. Interest payments are made on June 30

On January 1, Davis issued $800,000 in 10 year, 7% bonds. The bonds were priced to yield 9%. Interest payments are made on June 30 and December 31. Make all necessary entries for 2022 through Dec. 31, 2022.

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