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Prepare journal el Quirk Co. entries to record the following transactions related to long-term bonds of (a) On April 1, 2016, Quirk $2,151,472 including ac
Prepare journal el Quirk Co. entries to record the following transactions related to long-term bonds of (a) On April 1, 2016, Quirk $2,151,472 including ac the bonds mature on 016, Quirk issued $2,000,000, 9% bonds dated on January 1, 2016 for Guding accrued interest. Interest is payable annually on January 1, and ature on January 1, 2026. What is the journal entry Quirk will record for the bond issuance on April 1, 2016? 016
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