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2 Brenna's Body Shop issued $200,000 of 30% bonds January 1, 2016. The bonds are...

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Accounting

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2 Brenna's Body Shop issued $200,000 of 30% bonds January 1, 2016. The bonds are dul December 1 2014, with interest payable each June 30 and December 31. Prepare the journal entries for the January 1 issuance, and the June 30 and December 31 interest payments. The market rate of interestis 8% N PV PMT in onlarwary 1, Round Sic M ? 10000 Pv_200 WY

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