Problem on journalize the entries

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Reference no: EM13152680

On January 1, 20xx, alpha Corporation isuued $800,000 of 10%, 30-year bonds to lenders at par (100). Interest is to be paid semiannually on July 1 and January 1. Journalize the following entries.

a. Issued the bonds.

b. Paid semiannual interest payment.

c. Retirement of bonds, assuming interest expense is up-to-date.

Reference no: EM13152680

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