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Warner Mutual insurance Company issued a 570,000,10%,10-year bond payable at 107 on. January 1,2024 Interest is paid semiannually on January 1 and July 1 Requirements

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Warner Mutual insurance Company issued a 570,000,10%,10-year bond payable at 107 on. January 1,2024 Interest is paid semiannually on January 1 and July 1 Requirements 1. Journatize the issuance of the bond payable on January 1, 2024 2. Joumalize the payment of semiannual interest and amortization of the bond discount or premium on July 1,2024 Requirement 2. Joumalize the payment of semiannual inteiest and amortization of the bond discount of premitam on July 1.2024. (Assume bonds payable

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