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pays semiannual interest of $50,000 ($2,500,000x 496x Journalize the bond issuance. ), receiving cash of $2,390,599. PE 14-3B Issuing bonds at a discount On the
pays semiannual interest of $50,000 ($2,500,000x 496x Journalize the bond issuance. ), receiving cash of $2,390,599. PE 14-3B Issuing bonds at a discount On the first day of the fiscal year, a company issues a $3,000,000, 11%, five-year bond that pays semiannual interest of $165,000 ($3,000,000 1190 x , ), receiving cash of $2,889,599. Journalize the bond issuance. OBJ. 3 PE 14-4A Discount amrin OBJ. 3
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