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aining Time: 1 hour, 26 minutes, 18 seconds. ation Completion Status: Moving to another question will save this response stion 13 (8 Grades) Question 13
aining Time: 1 hour, 26 minutes, 18 seconds. ation Completion Status: Moving to another question will save this response stion 13 (8 Grades) Question 13 or paints On 1/1/2020, Blue Company issued 5-year, 9% bonds with a par value of $500,000. The company received $450,000 in cash. Interest is paid semiannually on 30 June and 31 December every year. Required: (1) Prepare the journal entry to record the bonds' issuance on 1/1/2020. (2) Prepare the journal entry to record the interest payment and the amortization of bond discount or premium on 300/2020. (3) Propare the journal entry to record the repayment of bonds on 31/12/2024. CLEARLY INDICATE THE DEBITS A CREDITS Example on 1 January 2020, XYZ Company pays $10,000 cash to purchase farsd Anand Or Land 10.000 Cz. Cash 10.000 For the toolbel pres ALT-F30 FC) ALT-EN-F10 (Mac BIUS Paragraph Anal Mart #BALI xD Q FERNO
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