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McDonald Sales prepared a bond issue of $20,000 dated January 1,2013.The bonds have a stated rate of 3% and a term of 6 years.The bond issue was delayed,and the bonds were finally sold on March 1,2013 at par.On June 30,2013,the first semiannual interest payment is made.Please provide the journal entry for that payment transaction.
Standard Of Living
The degree of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
International Standards
Specific criteria and guidelines established by international bodies to ensure that products, services, and processes are safe, reliable, and consistently perform as intended across different countries.
Status Symbols
Objects or signs that individuals use to indicate their social position or economic wealth.
Survives On
A phrase typically used to describe the essential resources or conditions necessary for an organism, business, or system to continue existing or functioning.
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