Question
(7 MARKS) On the 16 June 2024, High Investment Yield Cave Pty Ltd recesvol authorbon hos stead of Dusch Debentures it $8 each will
(7 MARKS) On the 16 June 2024, High Investment Yield Cave Pty Ltd recesvol authorbon hos stead of Dusch Debentures it $8 each will be isoned to investors on the 1 July 2024, which will each pay s leest pes en fes 30 June of each year for the next 5 years [Using 4 Columns Date /Account/Debit/Credit, prepare General Journal entries to record the following Required: A. Record the issue of the Debentures in the General Journal assuming the allotment of the Debentures occured on 1 y 2004 ( B. Record the Interest payment on 31 December 2024 and prepare the Journal entry to close off the test Expose to the financial yes that a 2025 (Narrations are not required) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIVS Paragraph Arial 10pt 4 2- 4 x 8 3110 183 CEP
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