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1. Second Cup issues $800,000 of 9%, 20-year bonds. The bonds are dated January 1, 2017, and are due in 20 years on January 1,
1. Second Cup issues $800,000 of 9%, 20-year bonds. The bonds are dated January 1, 2017, and are due in 20 years on January 1, 2037. Interest is paid semi-annually each June 30 and December 31. All the bonds are sold at their par value. On January 1, 2017, the date of issuance, what would the journal entry be? 2. On June 30, 2017, the first interest payment date, what would the entry be? 3. On January 1, 2037, the maturity date, what would the entry be
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