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You issue $500,000 of three-year, 10 % bonds. The market rate is 10%. How do you journalize that problem The follow up problem is. You

  1. You issue $500,000 of three-year, 10 % bonds. The market rate is 10%. How do you journalize that problem

The follow up problem is. You pay the semi-annual interest to the boundholders. How do yo journalize that problem and how do you find out the semi-annual interest.

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