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On January 1, 2020, Ultra Vision Corp. issued $1,310,000 of 20-year 9.0% bonds that pay...

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Accounting

On January 1, 2020, Ultra Vision Corp. issued $1,310,000 of 20-year 9.0% bonds that pay interest semiannually on June 30 and December 31. Assume the bonds were sold at (1) 97; and (2) 103. Journalize the issuance of the bonds at 97 and 103. (Do not round intermediate calculations. Round the final answers to the nearest whole do

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