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On January 1, 2011, Lang Corporation issued $900,000, 8%, 10-year bonds at face value

Accounting

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On January 1, 2011, Lang Corporation issued $900,000, 8%, 10-year bonds at face value. Interest is payable semiannually on July 1 and January 1. Lang Corporation has a calendar year end.

Instructions

Prepare all entries related to the bond issue for 2011.