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Cartwright Corporation Had a $1,350,000,5% Bond Available for Issue on September

Question 44

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Cartwright Corporation had a $1,350,000,5% bond available for issue on September 1,2017.Interest is to be paid quarterly beginning November 30th.All of the bonds were issued at par on October 1st.Prepare the journal entries for October 1st and November 30th.

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