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prepare journal entries Assume ABC Inc. issues bonds with a $100,000 par value, an 8% coupon rate (paid semi-annually), and a two-year life. These bonds

prepare journal entries

Assume ABC Inc. issues bonds with a $100,000 par value, an 8% coupon rate (paid semi-annually), and a two-year life. These bonds were sold at a discount price of $96,400. Entry for issuance of the bonds - d lan 1

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