Question: ABC Company issued 1 5 - year, $ 2 , 0 0 0 , 0 0 0 face value bonds on January 1 , 2

ABC Company issued 15-year, $2,000,000 face value bonds on January 1,20X1. The interest rate is 5% with semi-annual payments on June 30 and December 31.
Racer, Inc.'s journal entry on June 30,20X1 includes a:

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