2 On January 1, Year 1, a company issues $580,000 of 5% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 2.5 points Required: Assuming the market interest rate on the issue date is 5%, the bonds will issue at $580,000. Record the bond issue on January 1, Year 1, and the first two semiannual interest payments on June 30, Year 1, and December 31, Year 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Skipped View transaction list eBook Journal entry worksheet 1 Hint 2 3 > Record the bond issue. Print . References Note: Enter debits before credits. Date General Journal Debit Credit January 01 Record entry Clear entry View general journal 2 2.5 points On January 1, Year 1, a company issues $580,000 of 5% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Required: Assuming the market interest rate on the issue date is 5%, the bonds will issue at $580,000. Record the bond issue on January 1, Year 1, and the first two semiannual interest payments on June 30, Year 1, and December 31, Year 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) Skipped View transaction list eBook Journal entry worksheet of Hint Record the first semiannual interest payment. Print References Note: Enter debit before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Chapter 09: HmWrk A Saved 2 On January 1, Year 1, a company issues $580,000 of 5% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 2.5 points Required: Assuming the market interest rate on the issue date is 5%, the bonds will issue at $580,000. Record the bond issue on January 1, Year 1, and the first two semiannual interest payments on June 30, Year 1, and December 31, Year 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Skipped View transaction list eBook Journal entry worksheet Record the second semiannual interest payment. Print References Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journal