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On the first day of the foral year, a compary issues a $990,000,8%,5 year bond that pays semiannual interest of $39,600($990,0008%1/2), recrivino cash of $884,171

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On the first day of the foral year, a compary issues a $990,000,8%,5 year bond that pays semiannual interest of $39,600($990,0008%1/2), recrivino cash of $884,171 lournalize the entry to record the issuance of the bondsy

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