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Vader Corp. issued 6 year bonds with a face value of $800,000 on May 1. The bonds have an interest rate of 7% and interest

Vader Corp. issued 6 year bonds with a face value of $800,000 on May 1. The bonds have an interest rate of 7% and interest is paid semi- annually on May 1 and November 1. The market interest rate was 10% when the bonds were issued. Given the information above, prepare the journal entry to issue the bonds. Round your answer to two decimal places. You must include a comma in the correct spot for your number. Debit Creditimage text in transcribed

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