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18 of 20 View Policies Prepare journal entries to record the following transactions related to long-term bonds of Oriole Co. (a) Your answer has been
18 of 20 View Policies Prepare journal entries to record the following transactions related to long-term bonds of Oriole Co. (a) Your answer has been saved. See score details after the due date. .../8 E On April 1, 2019, Oriole issued $2,320,000, 9% bonds for $2,495,700 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2029. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit (b) Your answer has been saved. See score details after the due date. On July 1, 2021 Oriole retired $696,000 of the bonds at 102 plus accrued interest. Oriole uses straight-line amortization. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 5,275.) Account Titles and Explanation Debit Credit
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