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VUMIT Question 26 of 31 -/2.5 : View Policies Ques Multiple Current Attempt in Progress On January 1, 2021, Hogan Enterprises issued 8%, 20-year bonds

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VUMIT Question 26 of 31 -/2.5 : View Policies Ques Multiple Current Attempt in Progress On January 1, 2021, Hogan Enterprises issued 8%, 20-year bonds with a face amount of $3,000,000 at 101. Interest is payable annually on January 1. Quest Multiple Prepare the entries to record the issuance of the bonds and the first annual interest accrual and amortization assuming that the company uses straight-line amortization. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Questid Multiple Questio Multiple Ch 2017 Account Titles and Explanation Debit Credit Question Multiple Chol Question 1 Multiple Choice Question 14 Multiple Choice 79F Mostly sunny 3 4 5 0) 7 00 8

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