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Paulson Company Issues 10%, four-year bonds, on January 1 of this year, with a par value of $107,000 and semiannual Interest payments. Use the above

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Paulson Company Issues 10%, four-year bonds, on January 1 of this year, with a par value of $107,000 and semiannual Interest payments. Use the above straight-IIne bond amortization table and prepare journal entrles for the following. (a) The Issuance of bonds on January 1. (b) The first Interest payment on June 30 . (c) The second Interest payment on December 31. Journal entry worksheet

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