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Part 3 I been getting the wrong answer for the interest revenue 2 The Bradford Company issued 8% bonds, dated January 1, with a face

Part 3 I been getting the wrong answer for the interest revenue image text in transcribed
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2 The Bradford Company issued 8% bonds, dated January 1, with a face amount of $80 million on January 1, 2018 to Saxton-Bose Corporation. The bonds mature on December 31, 2032 15 years For bonds of similar risk and maturity, the market yield is 10% Interest is paid semiannually on June 30 and December 31, (EVot$1, Py0SLEVAoSPYAofSLEVADOSI and PVADOS (Use appropriate factor(s) from the tables provided.) points Required 1. to 3. Prepare the journal entry to record the purchase of the bonds by Saxton-Bose on January 1, 2018, interest revenue on June 30, 2018 and interest revenue on December 31, 2018 (at the effective rate). (Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) eBook Hint

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