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On January 31,2021 , Overton Logistics, Inc., issued five-year, 8% bonds payable with a face value of $12,000,000. The bonds were issued at 98 and

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On January 31,2021 , Overton Logistics, Inc., issued five-year, 8% bonds payable with a face value of $12,000,000. The bonds were issued at 98 and pay interest on January 31 and July 31. Overton Logistics amortizes bond discounts using the straight-line method. Read the

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