Question
6 ! Part 2 of 2 10 points eBook Required Information [The following information applies to the questions displayed below.] On January 1, 2021,
6 ! Part 2 of 2 10 points eBook Required Information [The following information applies to the questions displayed below.] On January 1, 2021, Splash City Issues $340,000 of 9% bonds, due in 20 years, with Interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $373,648. 2. 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. Round your final answers to the nearest whole dollar.) Hint View transaction list Print References Journal entry worksheet 1 2 3 Record the bond issue. Note: Enter debits before credits. Date January 01, 2021 General Journal Debit Credit Record entry Clear entry View general journal
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