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Record the following journal entries involving the bond transactions for Timber Ridge Hotels: 1. On...

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Accounting

Record the following journal entries involving the bond transactions for Timber Ridge Hotels:

1. On July 1, 2001, sold $800,000, 8 percent bonds dated June 1, 2001, at face value.

2. Paid semiannual interest on November 30, 2001.

3. Paid off bond issue on May 31, 2011.

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