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Venture Company issued $900,000,10%,20-year bonds on January 1,2021 , at 103 . Interest is payable annually on January 1 . Venture uses the straight-line method
Venture Company issued $900,000,10%,20-year bonds on January 1,2021 , at 103 . Interest is payable annually on January 1 . Venture uses the straight-line method of amortization and has a calendar year end. Prepare all journal entries made in 2021 related to the bond issue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
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