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Business, 12.03.2021 15:30 HoneySoft

Prepare the entry to record the interest payment on April 1, 2020. Assume that interest payable was credited when the bonds were issued (round to nearest dollar). Hint: You will need to amortize the premium over 52 months since the bonds were issued after the date of April 1, 2019. (b) Prepare the entry to record the entries on October 1, 2020.

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Prepare the entry to record the interest payment on April 1, 2020. Assume that interest payable was...
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