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On the first day of the fiscal year, a company issues a $4,300,000, 6%, 10-year bond that pays semiannual interest of $129,000 ($4,300,000 6% ),
On the first day of the fiscal year, a company issues a $4,300,000, 6%, 10-year bond that pays semiannual interest of $129,000 ($4,300,000 6% ), receiving cash of $3,715,617
Journalize the bond issuance. If an amount box does not require an entry, leave it blank.
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