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Supplemental Homework #9 Weiskopf Corporation has $8,000,000 of 8 2 percent, twenty-year bonds dated February 28, with interest payable on August 31 and February 28.

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Supplemental Homework #9 Weiskopf Corporation has $8,000,000 of 8 2 percent, twenty-year bonds dated February 28, with interest payable on August 31 and February 28. The company's fiscal year ends on November 30. It uses the straight-line method to amortize bond premiums or discounts. 1. Assume the bonds are issued at 103.5 on February 28. Prepare general journal entries for February 28, August 31, and November 30. 2. Assume the bonds are issued at 96.5 on February 28. Prepare general journal entries for February 28, August 31, and November 30

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