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please answer ASAP ITS TIMED THANK YKU On January 1, 2023. Fleming Corporation issued 9%,10 - year bonds with a face value of $94,000 at
please answer ASAP ITS TIMED THANK YKU
On January 1, 2023. Fleming Corporation issued 9%,10 - year bonds with a face value of $94,000 at 96.67 . Interest is payable semiannually on January 1 and July 1 . The effective - interest rate when the bonds were issued was 10%. Any discount or premium is amortized using the effective - interest method. What is the journal entry for July 1, 2023 Step by Step Solution
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