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Piper Company issued a $800,000, 8%, 10-year bond payable at face value on January 1, 2016. Requirements Journalize the issuance of the bond payable on

Piper Company issued a $800,000, 8%, 10-year bond payable at face value on January 1, 2016.

Requirements

Journalize the issuance of the bond payable on January 1, 2016.
Journalize the payment of semiannual interest on July 1, 2016.

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