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06-12-2022
Mathematics

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e10-8 (static) preparing journal entries to record issuance of bonds at face value, payment of interest, and early retirement [lo 10-3]on january 1, innovative solutions, incorporated, issued $200,000 in bonds at face value. the bonds have a stated interest rate of 6 percent. the bonds mature in 10 years and pay interest once per year on december 31.

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