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2. If the market interest rate is 9%, the bonds will issue at $517,555. Record the bond issue on January 1, 2024, and the
2. If the market interest rate is 9%, the bonds will issue at $517,555. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 2 Record the bond issue. Note: Enter debits before credits. Date January 01, 2024 Cash 3 General Journal Debit Credit 517,555 Discount on Bonds Payable Record entry Clear entry View general journal >
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