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OnJan 1, 2016, Alpha Company issued $100,000 of 12%, 10-year bonds. The bonds were issued at par. Interest is paid on July 1 and January

OnJan 1, 2016, Alpha Company issued $100,000 of 12%, 10-year bonds. The bonds were issued at par.

Interest is paid on July 1 and January 1. What would be the credit to Bonds Payable?

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