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On July 1, Ball Computer Corporation issued 10-year, 8%, $200,000 bonds for 96. Interest is due June 30 and December 31. Prepare the journal entries to record:

a. Issuance of the bond.
b. First semiannual interest period payment including the amortization of the discount using the straight-line method.
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College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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majestico Author
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I swear you're the best
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