Record the following transactions for Graber Industries. The company uses the st

Record the following transactions for Graber Industries. The company uses the straight-line amortization method. January 1, issued 10 year bonds payable of $4,000,000 at 98. The bonds have a stated interest rate of 6% and pay interest semi-annually on July 1, and January 1. July 1, made first semi-annual interest payment to bondholders and amortized discount. December 31, accrued interest and amortized discount.

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