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ALL ENTRIES ARE FOR BLUESTAR AIRLINES On May 1st, 2022, BlueStar Airliines issues $500,000,4% bonds at 97 . The bonds pay interest annually. A) Prepare
ALL ENTRIES ARE FOR BLUESTAR AIRLINES On May 1st, 2022, BlueStar Airliines issues $500,000,4% bonds at 97 . The bonds pay interest annually. A) Prepare the journal entry to record the issuance of the bond? B) On December 31st, 2022 do a JE to record the adjusting entry accruing the interest for those pertinent months? You are going to debit and credit the amount of
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