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22. Stevenson, Inc. issued $800,000, 8%, 10-year bonds on January 2, 2017 at 97. The bonds pay interest annually on January 2. Show all calculations.
22. Stevenson, Inc. issued $800,000, 8%, 10-year bonds on January 2, 2017 at 97. The bonds pay interest annually on January 2. Show all calculations. A. Prepare the journal entry to record the issuance of the bonds on January 2, 2017: Account Debit Date Credit B. Prepare the journal entry to record the interest accrual on December 31, 2017: Account Debit Date Date Credit C. Prepare the appropriate journal entry for January 2, 2018: Date Account Debit Credit C. Prepare the appropriate journal entry for January 2, 2018: Account Date Debit Credit D. Prepare the appropriate journal entry to record repaying the bonds on January 2, 2027 (assume the entry for the final interest payment has already been recorded): Account Debit Credit Date
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