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The Windy Caly Compary issued $500,000 of 8% bonds on danuary 1,2020 . The bonds were sold for $556,430, and they were expected to yeid
The Windy Caly Compary issued $500,000 of 8% bonds on danuary 1,2020 . The bonds were sold for $556,430, and they were expected to yeid 6 ht interest compounded senuarnualy The interest dares are June 30 and Docember 31. The matunty dale of the bonds is December 31, 2026. Required a Artpare the jourtal entoy to record the issuance of the bonds b. Uarng the eftecive itterest mechod, prepare the pourial entriet fo recond the fust foo miterst payments
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