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Presented below is a partial amortization schedule for Premium Foods: Required: 1. & 2. Record the bond issue assuming the face value of bonds payable

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Presented below is a partial amortization schedule for Premium Foods: Required: 1. \& 2. Record the bond issue assuming the face value of bonds payable is $80,000 and first interest payment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 20

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