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On the first day a company of the fiscal year a company issued a $500,000.00,8% ,10 year bond that pay semiannual interest of $20,000($500,000. x

On the first day a company of the fiscal year a company issued a $500,000.00,8% ,10 year bond that pay semiannual interest of $20,000($500,000. x 1/2) received cash of $437,740 . journalize tje entry for issuance

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