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E13.4(LO 1) Company uses the straight-line method of amortization for bond premium or discount. ...

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Question

Accounting

E13.4(LO 1) Company uses the straight-line method of amortization for bond premium or discount.
Instructions
Prepare the journal entries to record the following
a. The issuance of the bonds.
b. The payment of interest and the related amortization on July 1,2025.
c. The accrual of interest and the related amortization on December 31,2025.
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