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The Blue Company issued $220.000 of 9% bonds on January 1, 2017. The bonds are due January 1, 2022. with interest payable each July 1

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The Blue Company issued $220.000 of 9% bonds on January 1, 2017. The bonds are due January 1, 2022. with interest payable each July 1 and January 1. The bonds were issued at 103. Prepare the journal entries for t) January 1.60).aly 1, and (c) December 31, Assume The Blue Company records straight-line amortization semiannually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round intermediate calculations to 6 decimal places, es 1.251247 and final answer to decimal places, eg, 38,548.) No. Date Account Titles and Explanation a) January 1 1. 2017 Debit Cro [b] July 1. 2017 Talking December 31, 2017 REC Camere Rear

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