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Para. 6-d-6] Bond interest of $37,500 due July 1, 2024 on the deferred serial bonds...

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Accounting

Para. 6-d-6] Bond interest of $37,500 due July 1, 2024 on the deferred serial bonds issued in 2023 and $82,500 on the 2.75% serial bonds issued in 2024 was paid on July 1. Required: Prepare the journal entry to record the payment of interest.

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