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On January 1, Renewable Energy issues bonds that have a $40,000par value, mature in eight years, and pay 16% interest semiannuallyon June 30 and December

On January 1, Renewable Energy issues bonds that have a $40,000par value, mature in eight years, and pay 16% interest semiannuallyon June 30 and December 31. 1. Prepare the journal entry forissuanc 2 answers

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