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Make the journal entries that bradley corporation would make

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Question - On January 1, 2021, Humphrey Corporation issued $400,000, 6%, 10-year bonds dated January 1, 2011, at 103. The bonds pay semi-annual interest on January 1 and July1. The company uses the straight-line method of amortization and has a calendar year end.

Instructions - Make the journal entries that Bradley Corporation would make related to this bond issue through January 1, 2022. Be sure to indicate the date on which the entries would be made.

Reference no: EM132537579

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