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On January Splash City issues $ of bonds, due in years, with interest payable semiannually on June and December each year.
Assuming the market interest rate on the issue date is the bonds will issue at $
Record the bond issue on January and the first two semiannual interest payments on June and December If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Round your intermediate and final answers to the nearest whole dollar.
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