9-18

Problem 9.5A (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below] On January 1, 2024, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $580,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5A (Algo) Part 1 required: - If the market interest rate is 8%, the bonds will issue at $580,000. Record the bond issue on January 1,2024 , and the first two emiannual interest payments on June 30,2024, and December 31, 2024. (If no entry is required for a particular transaction/event, iect "No Journal Entry Required" in the first account field.) Journal entry worksheet Problem 9.5A (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below]" On January 1, 2024. Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $580,000 of 8% bonds, due in 10 years, with interest payable semiannualy on June 30 and December 31 each year. roblem 9-5A (Algo) Part 1 pquired: If the market interest rate is 8%, the bonds will issue at $580,000. Record the bond issue on January 1,2024 , and the first two miannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event. Nect "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the first semiannual interest payment. Note: Enter debits before credits. Problem 9.5A (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below.) On January 1,2024, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $580,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. roblem 9-5A (Algo) Part 1 squired: If the market interest rate is 8%, the bonds will issue at $580,000. Record the bond issue on January 1,2024 , and the first two miannual interest payments on June 30,2024 , and December 31,2024 . (If no entry is required for a particular transaction/event, lect "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credita