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Make record the two interest payments

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Question 1: On the date of authorization, May 1, 2011, the Gaines Corporation issued 10-year, 9 percent bonds with a face value of $2,000,000 at 100. Interest is payable each November 1 and May 1. Record issuance of the bonds and record the 2 interest payments

Reference no: EM132489224

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