Puglia Company issues $10,000,000 in bonds dated July 1, 2018, due in two years with 12 percent
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Puglia Company issues $10,000,000 in bonds dated July 1, 2018, due in two years with 12 percent interest payable semiannually (twice a year) on July 1 At the time of the issue, the market rate for such bonds is 12 percent
Journalize the transactions from July 1, 2020, to July 1, 2021 (show the calculation)?
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