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Prepare Journal Entries, T-Accounts, and Financial Statements for the year 20X1. Problem 9-2 Darby Company issues a $100,000 on 12/31/X0,10%, bond that matures in 3

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Prepare Journal Entries, T-Accounts, and Financial Statements for the year 20X1. Problem 9-2 Darby Company issues a $100,000 on 12/31/X0,10%, bond that matures in 3 years. Interest is paid on December 31st of each year. Prepare all journal entries for all years related to this bond issue if it was priced to yield: 8%

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