Question: B corporation issue a 5 year 8 % bonds with a face value of $ 6 5 , 0 0 0 on January 1 2

B corporation issue a 5 year 8% bonds with a face value of $65,000 on January 12024. The bonds pay interest annually on January 1st. assume the $65000 face value bonds were issued at 95. Prepare journal entries for 2024 and 2025

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