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Pink Corporation issued 51.5 million semi-annual bond in Jan 1, 2019 that matures five years later. The bond has 8% coupon rate and the market

Pink Corporation issued 51.5 million semi-annual bond in Jan 1, 2019 that matures five years later. The bond has 8% coupon rate and the market rate at the time of issuance was 6%. Record the journal entry at the issuance of the bond

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