A company issued 6%,10-year bonds with a par value of $500,000.The current market rate of interest is 5%.The journal entry to record each semiannual interest payment is:

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The Answer of A company issued 6%,10-year bonds with a par value of $500,000.The current market rate of interest is 5%.The journal entry to record each semiannual interest payment is:

A Company Issued 6%,10-Year Bonds with a Par Value of $500,000.The