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Pizza Pier issues 7%,10-year bonds with a face amount of $80,000 on January 1,2012.The market interest rate for bonds of similar risk and maturity is also 7%.Interest is paid semiannually on June 30 and December 31.
1.Record the bond issue.
2.Record the first interest payment on June 30,2012.
True
Corresponding to reality or fact; not false.
False
Pertains to something that is not true or is based on incorrect information.
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A common name for several species of lizards in the genus Podarcis, known for living on walls and other vertical surfaces.
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