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Business, 15.07.2020 02:01 20warriorsoul14

A company issued 8%, 15-year bonds with a par value of $550,000 that pay interest semiannually. The market rate on the date of issuance was 8%. The journal entry to record each semiannual interest payment is:

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A company issued 8%, 15-year bonds with a par value of $550,000 that pay interest semiannually. The...
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