Question: Question 4 7 points Save Answer A company issues $4,000,000, 12%, 5-year bonds to yield 10% on January 1, 2020. Interest is paid on June

 Question 4 7 points Save Answer A company issues $4,000,000, 12%,

Question 4 7 points Save Answer A company issues $4,000,000, 12%, 5-year bonds to yield 10% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $4,309,000. Prepare the journal entry to record interest on December 31, 2020 using straight line amortization TIIT Paragraph Arial 3 (1200) - E. T. %DOQE * T O fx Macho - 16 I WIE

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