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On July 1, 2017, Sharon Equipment Dealer issued $800,000 of 8% bonds payable that mature in seven years. These bonds were issued at face value

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On July 1, 2017, Sharon Equipment Dealer issued $800,000 of 8% bonds payable that mature in seven years. These bonds were issued at face value and pay interest each June 30 and December 31. Prepare the entries for the issuance of the bonds plus the first interest payment TTTF Paragraph 3 (12pt Arial

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