Write the appropriate journal entries for a bond

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Reference no: EM13789233

On January 1, 2012 Buchanan Company issues at par 2-year term bonds with a par value of $100,000 to yield 10%, and bearing interest at an annual rate of 10 percent payable semiannually on July 1 and January 1. FYE is December 31st.

Required: write the appropriate journal entries for a bond

a) Issued at par (do one year)

Reference no: EM13789233

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