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On January 1, 2012, Peterson Corporation issued $100,000, 9%, 5-year bonds with semiannual interest payments on June 30 and December 31. The bonds were issued at $93,529 yielding an effective-interest rate of 10%. Peterson uses the effective-interest method of amortization. Prepare the journal entries that Peterson would make on January 1, June 30 and December 31, 2012. Round all amounts to the nearest dollar.
Protocols
A set of rules or standards that define how data is transmitted and received over a network, ensuring successful communication between different devices and systems.
Routers
Devices that forward data packets between computer networks, routing the data to its destination through the most efficient path.
Motherboard Form Factor
The standard design specification of a motherboard, determining its dimensions, power supply type, and physical layout of components.
High-End Cooling
Advanced cooling solutions designed to efficiently manage the heat output of high-performance computer systems and components.
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