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QUESTION 1 Denyel-James Enterprises On January 1, 2019. Donyel-James Enterprises sold (ssued) 6%, 8year bonds with a face amount of $3,000,000 Interest is payable annually

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QUESTION 1 Denyel-James Enterprises On January 1, 2019. Donyel-James Enterprises sold (ssued) 6%, 8year bonds with a face amount of $3,000,000 Interest is payable annually on January 1 Instructions A Assume Donyel-James Enteeprises receved $2,850.000 from investors Record the joumal entries required on the following dates a January 1, 2019, Issued the bonds b. December 31, 2019, Accrued interest and straightine amortization at the end of the fiscal year c January 1, 2020, paid the interest due B Show how any or all of the above enties would chahge i the bonds were issued at 102

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