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9 Required information The following information applies to the questions displayed below.j Ike issues $230,000 of 9%, three-year bonds dated January 1, 2017, that pay
9 Required information The following information applies to the questions displayed below.j Ike issues $230,000 of 9%, three-year bonds dated January 1, 2017, that pay interest semiannually on June 30 and Part 1 of 2 December 31. They are issued at $236,025. Their market rate is 8% at the issue date 2 points Required 1. Prepare the January 1, 2017, journal entry to record the bonds' issuance. Answer is not complete No Date General Journal Credit Debit 236,025 6,025 Jan 01, 2017 Cash Premium on bonds payable Bonds payable 230,000
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