Question: create a journal entry. Brussels Enterprises issues bonds at par dated January 1, 2021, that have a $3,600,000 par value, mature in four years, and
create a journal entry. Brussels Enterprises issues bonds at par dated January 1, 2021, that have a $3,600,000 par value, mature in four years, and pay 7% interest semiannually on June 30 and December 31. Record the entry for the issuance of bonds for cash on January 1.
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