Question: From Concept Check 2, record the May 31 semiannual payment and amortization of the discount. In Concept Check 2, On December 1, Lynch Co. issued

From Concept Check 2, record the May 31 semiannual payment and amortization of the discount.
In Concept Check 2, On December 1, Lynch Co. issued five $2,400, 10%, 30-year bonds at 97. Record the journal entry.

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