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Business, 25.06.2021 21:40 jennychrin95

Hillside issues $2,700,000 of 7%, 15-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $3,304,790. Required:
Prepare the January 1, 2019, journal entry to record the bonds’ issuance.

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Hillside issues $2,700,000 of 7%, 15-year bonds dated January 1, 2019, that pay interest semiannuall...

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