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Rivendell Co. issued 600,000 of 10%,20 - year bonds on January 1,2020 , at 102% to yield 8%. Interest is payable semiannually on July 1

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Rivendell Co. issued 600,000 of 10%,20 - year bonds on January 1,2020 , at 102% to yield 8%. Interest is payable semiannually on July 1 and January 1 . Instructions Prepare the journal entries to record the following. a. The issuance of the bonds. b. The payment of interest and the related amortization on July 1, 2020. c. The accrual of interest and the related amortization on December 31, 2020. Rivendell Co. issued 600,000 of 10%,20 - year bonds on January 1,2020 , at 102% to yield 8%. Interest is payable semiannually on July 1 and January 1 . Instructions Prepare the journal entries to record the following. a. The issuance of the bonds. b. The payment of interest and the related amortization on July 1, 2020. c. The accrual of interest and the related amortization on December 31, 2020

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