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Question 3 Not yet answered Points out of 6 Martin Company issued $500,000, 6%, 10-year bonds for $425,000 with a market rate of 8%.

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Question 3 Not yet answered Points out of 6 Martin Company issued $500,000, 6%, 10-year bonds for $425,000 with a market rate of 8%. The effective interest method of amortization is to be used and interest is paid annually. The journal entry on the first interest payment date is (6 points - Please make sure I can distinguish the debits from the credits); Flag question A- B I U I x x M

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