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8 of 9 (6 complete) of 1 pt HW Score: 48 35% Questi 5 (similar to) ary 1, 2018, Micheal Unlimited issues 15%, 15-year bonds

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8 of 9 (6 complete) of 1 pt HW Score: 48 35% Questi 5 (similar to) ary 1, 2018, Micheal Unlimited issues 15%, 15-year bonds payable with a face value of $230,000. The bonds a pay interest on June 30 and December 31. (Assume bonds payable are amortized using the straight-line amort me requirements rement 1. Joumalize the issuance of the bonds on January 1, 2018. (Record debits first, then credits Select expl t line of the jo 0 Requirements 1. Joumalize the issuance of the bonds on January 1, 2018 2. Journalize the semiannual interest payment and amortization of bond premium on June 30, 2018 3. Journalize the semiannual interest payment and amortization of bond premium on December 31, 2018 4. Journalize the retirement of the bond at maturty, assuming the last interest payment has already been recorded. (Give the date.) Print Done hoose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All Check Answer On January 1, 2018, Micheal Unlimited issues 15%, 15-year bonds payable with a face value of $230,000. The bonds are issued at 106 and pay interest on June 30 and December 31. Assume bonds payable are amortized using the straight-line amortization method.) Read the requirements Requirement 1. Journalize the issuance of the bonds on January 1, 2018. (Record debits first, then credits. Select explanations on the last line of the journal entry) Date Accounts and Explanation Debit Credit 2018 Jan. 1 Choose from any list or enter any number in the input fields and then click Check Answer 3 parts remaining Clear All Check Answer 106 and pay interest on June 30 and December 31. (Assume bonds payable are amon method.) Read the requirements Requirement 1. Journalize the issuance of the bonds on January 1, 2018. (Record deb the last line of the journal entry) Date Accounts and Explanation Debit 2018 Jan. 1 Bonds Payable Cash Discount on Bonds Payable Interest Expense Premium on Bonds Payable Choose from any list or enter any number in the input fields and then click Check Answ 3 parts remaining Clear All

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