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Prepare the January 1, 2015, journal entry to record the bonds' issuance. Record the issue of bonds with a par value of $620,000 cash on

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Prepare the January 1, 2015, journal entry to record the bonds' issuance. Record the issue of bonds with a par value of $620,000 cash on January 1, 2015 at an issue price of $571, 867

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