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retired $ 6 0 , 0 0 0 of the bonds on October 1 , when the bonds were selling at 8 9 plus accrued
retired $ of the bonds on October when the bonds were selling at plus accrued interest. Assume the straightline interest method is used to amortize the bond discount.
Required
a Record the entry for the bond issuance on January
b Record the entry for the interest payment on June
c Provide the entry to recognize interest expense for the portion of the bond issue retired on October
d Provide the entry to record the bond retirement on October
Note: Round your answers to the nearest whole dollar.
tableDateAccount,,DrCra Jan. Cash,v
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