Semiannual interest payment problem

Reference no: EM13148045

A company issued 3%, 16-year bonds with a par value of $560,000. The current market rate is 3%. The journal entry to record each semiannual interest payment is ??

Reference no: EM13148045

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Semiannual interest payment problem : A company issued 3%, 16-year bonds with a par value of $560,000. The current market rate is 3%. The journal entry to record each semiannual interest payment is ??

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