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4 Required information The following information applies to the questions displayed below) On January 1, 2021. White Water issues $590.000 of 6% bonds, due in
4 Required information The following information applies to the questions displayed below) On January 1, 2021. White Water issues $590.000 of 6% bonds, due in 20 years, with interest payable semine on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 5%, the bonds will issue of $664,053. Book H erences 2. Record the bond issue on January 1, 2021. and the first two semiannual interest payments on June 30, 2021, and December 2021. (if no entry is required for a particular transaction/event, select "No Journal Entry Required in the first necountfield. Round your final answers to the nearest whole dollar) View transaction ist Journal entry worksheet Record the first semiannual interest payment. Note: Enter debts before credits General Journal Date June 30, 2021 Debit Credit Record entry Clear entry View general Journal MC Graw Hill
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