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Prepare the journal entry to record the accrual of interest

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Question: A. On January 1, 2017, Klosterman Company issued $485,000, 13%, 10-year bonds at face value. Interest is payable annually on January

B. Prepare the journal entry to record the accrual of interest on December 31, 2017.

The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132744940

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