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Prepare the journal entries to record the transactions

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Reference no: EM132570801

Question - Prepare the journal entries to record the following transactions.

(1) The issuance of the bonds on June 30, 2020.

(2) The payment of interest and the amortization of the premium on December 31, 2020.

(3) The payment of interest and the amortization of the premium on June 30, 2021.

(4) The payment of interest and the amortization of the premium on December 31, 2021.

Reference no: EM132570801

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