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Synergy Corporation is authorized to Issue $1,300,000 of 6% bonds. Interest on the bonds is payable semiannually; the bonds are dated January 1, 2010, and
Synergy Corporation is authorized to Issue $1,300,000 of 6% bonds. Interest on the bonds is payable semiannually; the bonds are dated January 1, 2010, and are due December 31, 2023 Required: Prepare the journal entries to record the following: January 1, 2019 Sold the bonds at par b. June 30, 2019 First interest payment c. December 31, 2019 Second interest payment
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