"on january 1, 2019, tonika company issued a four-year, $10,000, 7% bond. the interest is payable annually each december 31. the issue price was $9,668 based on an 8% effective interest rate. tonika uses the effective-interest amortization method. rounding calculations to the nearest whole dollar, which of the following journal entries correctly records the 2019 interest expense
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"on january 1, 2019, tonika company issued a four-year, $10,000, 7% bond. the interest is payable an...
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