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Question: barney corporation received authorization on december 31 year 1 to...

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Barney corporation received authorization on December 31, year 1, to issue 2,500,000 of 6%, 10 year bonds. the interest payment dates are june 30 and decmber 31. all the bonds were issued at a price of 100, plus accrued interest, on February 28, Year 2, two months after the authorization of the bond issue.. What is the journal entry for the issuance on Feb 28?

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