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On May 1, 2022, Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2022, and pay interest annually

On May 1, 2022, Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2022, and pay interest annually on May 1. Financial statements are prepared annually on December 31.

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