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On January 1,2025 , Jefferson Accounting Services issued $60,000 of 7% bonds that mature in five years. They were issued at face value. The bonds

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On January 1,2025 , Jefferson Accounting Services issued $60,000 of 7% bonds that mature in five years. They were issued at face value. The bonds pay semiannual interest payments on June 30 and December 31 of each year. What is the journal entry for the interest payment made on June 30,2025 ? A. Interest Expense 2,100 Cash 2,100 B. Interest Expense 4,200 Cash 4,200 c. Cash 2,100 Interest Expense 2,100 D. Cash 4,200 Interest Expense 4,200

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