A 200000 4-year bond paying interest of 10 payable


A $200,000, 4-year bond paying interest of 10% payable semiannually is issued on January 1, 19X1, at 104. Prepare the entries for the issuance, the interest and amortization for the first year, and there payment at maturity.

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Financial Accounting: A 200000 4-year bond paying interest of 10 payable
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