Interest payment and amortization of related bond premium

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On the first day if the fiscal year a company issues a 4000000 6% five year bond that pays semiannual interest of 120000 receiving cash of 4175041. Journalize the first interest payment and the amortization of related bond premenium

Reference no: EM13918357

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Interest payment and amortization of related bond premium : On the first day if the fiscal year a company issues a 4000000 6% five year bond that pays semiannual interest of 120000 receiving cash of 4175041. Journalize the first interest payment and the amortization of related bond premium
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