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uestion 2 of 3 arrent Attempt in Progress On January 1, 2020, Riverbed Corporation issued $840,000 of 6% bonds that are due in 9 years.

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uestion 2 of 3 arrent Attempt in Progress On January 1, 2020, Riverbed Corporation issued $840,000 of 6% bonds that are due in 9 years. The bonds were issued for $733,662 and pay interest each July 1 and January 1. The company uses the effective interest method. Assume an effective 8% (a) Prepare the company's journal entry for the January 1 issuance. (Credit account titles are automatically indented when the amou is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1

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