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Prepare the following journal entries 1.A bond was issued on 1/1/2017 for $100,000 at par value, with an interest of 8% payable annually. Prepare the

Prepare the following journal entries

1.A bond was issued on 1/1/2017 for $100,000 at par value, with an interest of 8% payable annually. Prepare the necessary journal entries to record the transactions of this bond from issuance to interest payment on 1/1/2018.

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