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Probie The bonds carry uar7% payableannigan Company issued bonds Prepare the journal entry for On J in with a face value of $600,000. a. are

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Probie The bonds carry uar7% payableannigan Company issued bonds Prepare the journal entry for On J in with a face value of $600,000. a. are issued at 97. Date Debit Account Titles bon paya be Prepare the journal entry for the issuance assuming the bonds are issued at 102. Date Account Titles cadh 600 ODD Debit Bondl 19.0D s are frequently issued at amounts greater or less than face value. Describe to the contractual rate of interest, affects the selling price of bonds

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