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Your company issued bonds several years ago ( borrowed money ) and interest payments of $ 2 , 4 0 0 are paid twice a

Your company issued bonds several years ago (borrowed money) and interest payments of $2,400 are paid twice a year on July 1, and January 1. Prepare the appropriate journal (adjusting journal entry) entry for the month of March 2019 to recognize one month of interest expense.

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