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On 1/1/23 a firm issues $100,000 of 10%,10 year bonds at 96 . The bonds...

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Accounting

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On 1/1/23 a firm issues $100,000 of 10%,10 year bonds at 96 . The bonds pay interest each 12/31. The firm uses straight-line amortization. On 1/1/25 the bonds are repurchased/retired/redeemed at 97. Provide all entries through 1/1/25

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