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James Issued Bonds for $30,000 at Face Value on July

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James issued bonds for $30,000 at face value on July 1. 14% interest payments are due January 1 and July 1. What is the adjusting entry on December 31? James issued bonds for $30,000 at face value on July 1. 14% interest payments are due January 1 and July 1. What is the adjusting entry on December 31?

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