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On June 1,a Company Issued $200,000 of 12% Bonds at Their

Question 130

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On June 1,a company issued $200,000 of 12% bonds at their par value plus accrued interest.The interest on these bonds is payable semiannually on January 1 and July 1.Prepare the issuer's journal entry to record the bond issuance of June 1.

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