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Pogden Company issued a $900,000,11%, ten-year bond payable at face value on January 1,2024. Interest...

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Accounting

Pogden Company issued a $900,000,11%, ten-year bond payable at face value on January 1,2024. Interest is paid semiannually on January 1 and July 1.
Requirements
Journalize the issuance of the bond payable on January 1,2024.
Journalize the payment of semiannual interest on July 1,2024.
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