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On January 1, 2019 JP's Company issued $300,000 of 12-year, 6% bonds at par. Interest...

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Accounting

On January 1, 2019 JP's Company issued $300,000 of 12-year, 6% bonds at par. Interest is payable March 31, June 30, Sept 30, and December 31.

Instructions Prepare the journal entries to record the following:

A) The issuance of the bonds

B) The payment of interest on September 30

C) The proper journal entry for December 31

Please show work.

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