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On the first day of the fiscal year, a company issues a$400,000, 6% 5-year bond that pays semiannual interest of $12,000receiving cash of $367,556. The

On the first day of the fiscal year, a company issues a$400,000, 6% 5-year bond that pays semiannual interest of $12,000receiving cash of $367,556. The journal entry to record the firstinterest pay 2 answers

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