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Required information A company issued 10% bonds, dated January 1, with a face amount of $460,000 on January 1, 2021. The bonds mature in

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Required information A company issued 10% bonds, dated January 1, with a face amount of $460,000 on January 1, 2021. The bonds mature in 4 years. The market rate of interest for similar bonds was 12%. Interest is paid semiannually on June 30 and December 31. The company uses the straight-line interest method. The bonds issued for a price of $431,435. Use the information above to answer the questions below. Provide the journal entry for interest paid on June 30, 2021. View transaction list Journal entry worksheet < Record interest paid. Note: Enter debits before credits. S.No/Date: June 30, 2021 Account Title Debit Credit

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