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On the first day of the fiscal year, a company issues a $1,800,000,9%, 4 -year...

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Accounting

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On the first day of the fiscal year, a company issues a $1,800,000,9%, 4 -year bond that pays semiannual interest of $81,000($1,800,000 9%1/2), receiving cash of $1,923,731. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank

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