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Business, 02.04.2021 16:10 euniceyi56

Present entries to record the selected transactions described below: a. Issued $2,750,000 of 10-year, 8% bonds at 97.
b. Amortized bond discount for a full year, using the straight-line method.
c. At the end of the third year, called bonds at 98.

The bonds were carried at $2,692,250 at the time of the redemption.

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Present entries to record the selected transactions described below: a. Issued $2,750,000 of 10-yea...

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