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Business, 20.12.2019 05:31 Geo777

Acompany issued 10-year, 9% bonds with a par value of $500,000 when the market rate was 9.5%. the company received $484,087 in cash proceeds. using the straight-line method, prepare the issuer's journal entry to record the first semiannual interest payment and the amortization of any bond discount or premium.(round amounts to the nearest whole dollar)

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Acompany issued 10-year, 9% bonds with a par value of $500,000 when the market rate was 9.5%. the co...

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