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0 Question 30 13 pts Bond Workout Problem Part 1. Prepare all Journal Entries related to the following bond for the 2019 fiscal year which
0 Question 30 13 pts Bond Workout Problem Part 1. Prepare all Journal Entries related to the following bond for the 2019 fiscal year which ends Dec 31, 2019. Woofie Co. uses the effective interest method. Woofie Co. issued 10 year bonds with a $1,000 face value on Jan. 1, 2019. The bonds had a coupon (stated) rate of 6% with interest payable semi-annually (July 1 and Jan 1). The market required yield in 10%. The bonds are callable at 105 and all of them were called on July 1. 2019. Please use Dr. to indicate debits and Cr. to indicate credits. Answer like this: Each line is one line of the journal entry: date dr. account amount cr account amount etc
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