Pretzelmania, Incorporated, issues 6%,10-year bonds with a face amount of $69,000 for $74,378 on January...
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Pretzelmania, Incorporated, issues year bonds with a face amount of $ for $ on January The market interest rate for bonds of similar risk and maturity is Interest is paid semiannually on June and December
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& Record the bond issue on January and first interest payment on June If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Do not round your intermediate calculations. Round final answers to the nearest whole dollar.
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