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  3. 5. rose of sharon company issued a $2,000,000 bond

5. Rose of Sharon Company issued a $2,000,000 bond at 101% on January1st. The bond...

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Accounting

5. Rose of Sharon Company issued a $2,000,000 bond at 101% on January1st. The bond has a five year term and pays 5% interest annually each December 31 st . Prepare the appropriate journal entries.

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