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Pippen issued a $250,000,4 year, 8% bond at face value on Mar 1, 2020. All interest payments are made on a semiannual basis. Record all

Pippen issued a $250,000,4 year, 8% bond at face value on Mar 1, 2020. All interest payments are made on a semiannual basis. Record all necessary journal entries for 2020 as well as the first interest payment made in 2021.

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