Question: Suppose a company issues $ 5 0 0 , 0 0 0 of 4 % bonds, due in 5 years, with interest payable semiannually. The

Suppose a company issues $500,000 of 4% bonds, due in 5 years, with interest payable semiannually. The bonds are issued at face amount. What would the company record at the time of issuance?
Suppose a company issues $500,000 of 4% bonds, due in 5

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