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Required information The following information applies to the questions displayed below) Dunphy Company issued $40,000 of 9.0%, 10-year bonds at par value on Januaryt. Interest

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Required information The following information applies to the questions displayed below) Dunphy Company issued $40,000 of 9.0%, 10-year bonds at par value on Januaryt. Interest is peld semiannually each June 30 and December 31 Analyze transactions by showing their effects on the accounting equation-specifically, identify the accounts and amounts (including --) for each transaction Date Assets Accounts payable (+) increase PAccounts receivable (-) decrease January 1 Liabilities - Accounts receivable (+) increase Accounts receivable (.) increase Equity FC Am Right-Us Asset (+) increase Accurated deprec- des Building June 30

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