Question: Pizza Pier issues 7 %, 9-year bonds with a face amount of $ 80,000 on January 1, 2018. The market interest rate for bonds of

Pizza Pier issues 7 %, 9-year bonds with a face amount of $ 80,000 on January 1, 2018. The market interest rate for bonds of similar risk and maturity is also 7%. Interest is paid semiannually on June 30 and December 31. Record the bonds issue

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