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    Mar 23, 2012, 04:06 PM
    Prepare the entry for calling half the bond issue on January 1, 2005.
    Issue price is $950.000. The bonds are callable at 102 anytime after Jan. 1, 2000. Half the bonds were called on January 1, 2005, after the semiannual interest payment. At the time of the bonds were called, the discount on the bonds payable had a balance of $14,000.

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