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1. How much cash did Savvy receive when it issued the bonds payable? Journalize this transaction. Savvy received $ 1,890,000 when the bonds payable were

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1. How much cash did Savvy receive when it issued the bonds payable? Journalize this transaction. Savvy received $ 1,890,000 when the bonds payable were issued. Journalize the issuance of the bonds payable. (Record debits first, then credits. Exclude explanations fro any journal entries.) Journal Entry Date Accounts Debit Credit Jul 1890000 Discount on Bonds Payable Requirements - Choose f 1. How much cash did Savvy receive when it issued the bonds payable? Journalize this transaction 2. How much must Savvy pay back at maturity? When is the maturity date? 3. How much cash interest will Savvy pay each six months? 4. How much interest expense will Savvy report each six months? Use the straight-line amortization method. Journalize the entries for the accrual of interest and amortization of discount on December 31, 2018, and the payment of interest on January 1, 2019 6 parts rema Savvy Drive-Ins Lid borrowed money by issuing $2,000,000 of 4% bonds payable at 94.5 on July 1, 2018 The bonds are 10-year bonds and pay interest each January 1 and July 1 Read the requirements 1. How much cash did Savvy receive when it imut

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