Hunter Corp. issued a $500,000, 6.5-percent, 10-year bond payable on January 1, 2014. Journalize the following transactions

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Hunter Corp. issued a $500,000, 6.5-percent, 10-year bond payable on January 1, 2014. Journalize the following transactions for Hunter Corp.
Include an explanation for each entry.
a. Issuance of the bond payable at par on January 1, 2014.
b. Payment of semiannual cash interest on July 1, 2014. (Round to the nearest dollar.)
c. Payment of the bonds payable at maturity. (Give the date.)
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Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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