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Smoke and Musk Inc issues bonds with the following information: $20,000 8 years Par Value Term Contract Interest Rate Issue Price 4% 97.2 What is

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Smoke and Musk Inc issues bonds with the following information: $20,000 8 years Par Value Term Contract Interest Rate Issue Price 4% 97.2 What is the journal entry to record the semi-annual interest payment? [ Select ] [ Select ] [ Select ] [ Select] [ Select] [ Select] [cr] [ Select] [ Select]

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