Question: Question 2 --/12 View Policies Current Attempt in Progress On January 1, 2018.Tape Enterprises issued 9, 10-year bonds with a face amount of $700.000 at

Question 2 --/12 View Policies Current Attempt in Progress On January 1, 2018.Tape Enterprises issued 9, 10-year bonds with a face amount of $700.000 at 96. Interest is payable annually on January 1. The bonds were issued for an effective interest rate of 10% Prepare the entries to record the issuance of the bonds and the first anual interest serval and amortization assuming that the company uses effective-Interest amortization (Credit account elles are automatically indented when the amount is entered. Do not indent manual) 2017 Account Titles and Explanation Debit Credit Sort Artempts of used Sune

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