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Dobbs company issues 5 two year bonds on december 31 2013


Dobbs Company issues 5%, two year bonds, on December 31, 2013, with a par value of $ 200,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries to record 

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(a) The issuance of bonds on December 31, 2013; 

(b) The first through fourth interest payments on each June 30 and December 31; 

(c) The maturity of the bond on December 31,2015. 

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Accounting Basics: Dobbs company issues 5 two year bonds on december 31 2013
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