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252 Webapps 252Fportal%252Fframeset.jsp% Chapter 9 Homework Saved Help Save & Exit Submit Check my work 3 10 points On January 1, 2021. Splash City issues

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252 Webapps 252Fportal%252Fframeset.jsp% Chapter 9 Homework Saved Help Save & Exit Submit Check my work 3 10 points On January 1, 2021. Splash City issues $400,000 of 8% 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 8%, the bonds will issue at $400,000 Record the bond issue on January 1, 2021, and the first two semiannual Interest payments on June 30, 2021, and December 31, 2021 (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) 03:55 Skipped View transaction ist Book Journal entry worksheet Hint Record the bond issue. Print Note: Enter debits before credits References General Journal Debit Credit Date January 01, 2021 Me GEW

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