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Pharoah Company issues $4,500,000, 10-year,8% bonds at98, with interest payable annually on January 1. The straight-line method is used to amortize bond discount.

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Pharoah Company issues $4,500,000, 10-year,8% bonds at98, with interest payable annually on January 1. The straight-line method is used to amortize bond discount.

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