rylan6743 rylan6743
  • 15-11-2022
  • Business
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on january 1, a company issued and sold a $400,000, 7%, 10-year bond payable, and received proceeds of $396,000. interest is payable each june 30 and december 31. the company uses the straight-line method to amortize the discount. the journal entry to record the first interest payment is:

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