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Required information [The following information applies to the questions displayed below.] Super Splash issues $960,000,...

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Required information [The following information applies to the questions displayed below.] Super Splash issues $960,000, 8% bonds on January 1, 2021, that mature in 15 years. The market interest rate for bonds of similar risk and maturity is 7%, and the bonds issue for $1,048,282. Interest is paid semiannually on June 30 and December 31. 2. & 3. Record the issuance of the bonds on January 1, the interest payments on June 30, 2021, and December 31, 2021. (If no journal entry is required for a particular transaction, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet

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