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Question 9 15 pts Excalibur Incorporated issued $190,000 of 7%, four-year bonds on January 1, 2012. The bonds pay interest semiannually on June 30 and

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Question 9 15 pts Excalibur Incorporated issued $190,000 of 7%, four-year bonds on January 1, 2012. The bonds pay interest semiannually on June 30 and December 31. They were issued at par value. Prepare the journal entry the Corporation will record on their books if they repurchase the bonds on January 1. 2014, at 103%. DATE DESCRIPTION DEBIT CREDIT v 01/01 Select [Select [Select] Select) Select Select)

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