Question: Saturna Corp. issues 20-year, 8-percent bonds with a maturity value of $5,000,000 on April 30. The bonds sell at par and pay interest on March

Saturna Corp. issues 20-year, 8-percent bonds with a maturity value of $5,000,000 on April 30. The bonds sell at par and pay interest on March 31 and September 30. Record

(a) Issuance of the bonds on April 30,

(b) Payment of interest on September 30, and

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