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Please show step by step On January 1, 2012 Jones Company issued bonds with a face value of $750,000. The bonds carry an interest rate

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On January 1, 2012 Jones Company issued bonds with a face value of $750,000. The bonds carry an interest rate of 8% payable each January 1. Prepare the journal entry for the issuance assuming the bonds are issued at 96. Prepare the journal entry for the issuance assuming the bonds are issued at 103

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