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A company issued a 75,000 , 7.0%, 15 year bond payable. Journalize the following transactions for the Company, and include an explanation for eachentry: b.
A company issued a 75,000 , 7.0%, 15 year bond payable. Journalize the following transactions for the Company, and include an explanation for eachentry:
b.
Payment of semiannual cash interest on July1, 2018
2018.
c.
Payment of the bond payable atmaturity, assuming the last interest payment had already been recorded.(Give thedate.)
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