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Alekssandra [29.7K]
3 years ago
8

On January 1, a company issued and sold a $405,000, 5%, 10-year bond payable, and received proceeds of $400,000. Interest is pay

able each June 30 and December 31. The company uses the straight-line method to amortize the discount. The journal entry to record the first interest payment is:
Business
1 answer:
sergejj [24]3 years ago
3 0
$69,000,000 dollars budddydydydyd
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