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Required information [The following information applies to the questions displayed below.] Part 4 of 4 Legacy issues $660,000 of 5.5%, four-year bonds dated January 1,
Required information [The following information applies to the questions displayed below.] Part 4 of 4 Legacy issues $660,000 of 5.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $648,412 when the market rate is 6%. 1.66 points 4. Prepare the journal entries to record the first two interest payments. eBook View transaction list Print Journal entry worksheet
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