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Question 2 (13 marks Bold Accountants Co. sells $6,000,000 of 10-year, 6% bonds priced to yield 5.5 %. The bonds are dated and issued on

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Question 2 (13 marks Bold Accountants Co. sells $6,000,000 of 10-year, 6% bonds priced to yield 5.5 %. The bonds are dated and issued on January 1, 2017. Interest is payable on January 1 and July 1 each year. Bold's year-end is June 30 Required: Prepare entries for The issuance of the bonds. b. Accrual of interest and related amortization on June 30, 2017 Payment of interest on July 1, 2017. d. Payment of interest and related amortization on a. C. January 1, 2018

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