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QID: #40405
Solution for QID #40405: on January 1, $500,000 of 8%, 10-year bonds were sold for $5 | StudyHelpMe
on January 1, $500,000 of 8%, 10-year bonds were sold for $530,000, the bonds require semiannual interest payments on June 30 and December 31. what is the correct entry for recording the June 30 interest payment on the bonds?
I have 20.00 in interest not sure on how to do the entry for recording.
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