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Journal entries

During two consecutive years, Antlers Company, Inc., completed the following transactions: Year 1 June 1 Issued $750,000 face

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Solution - Jounde enero Journal Entries los latest Yeai 1 postabos Debit Credit Dune I Cash S oy ! $778500 Bonds Payable $759Year 2 & Jan I Interest Payable $7,500 Interest Expense Reversed the adjusting ] endly for interest payable) $7 June intereston June 31 Debit Explanation of goderest Expense af Credit Tan I To Premium on bonds qu Jan I By ant 150 Payable June 31 To C

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