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What journal entry would this firm makes on June

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Reference no: EM132960500

Question - On December 31, 2020, a firm issued a $200 million 3.00% Senior Notes due on December 31, 2022. The notes are payable semi-annually on June 30th and December 31st each year. The notes yielded a 2.00% market interest rate. What journal entry would this firm makes on June 30 2021?

Reference no: EM132960500

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