Bond Issued at Par ABC company’s accounting year ends on December 31. On 2010 December 31, ABC issued 10-year, 12% bonds with a RO 100,000 face value, for RO 100,000. The bonds are dated December 31, call for semiannual interest payments on June 30 and December 31, and mature in 10 years on December 31. ABC company made the required interest and principal payments when due. Write the journal entries.   Please write the steps so I can understand it

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Q: Want Answer

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