[Para. 6-d-3] Bond interest due on January 1, 2024 in the amount of $37,500 was...

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Accounting

[Para. 6-d-3] Bond interest due on January 1, 2024 in the amount of $37,500 was paid for the 2.5% deferred serial bonds. Required: Prepare the journal entry to record the payment of interest.

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