Question: With this information how would i make a journal entry for this situation Issued $75,000 of 6% term bonds due on January 1, 2025 (10

With this information how would i make a journal entry for this situation Issued $75,000 of 6% term bonds due on January 1, 2025 (10 periods), with interest payable each June 30 and December 31. Investors require an effective interest rate of 8%. Record the entries for the issuance of the bond and Book the interest payment and amortization on the discount for the bond.

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