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answers? sorry Entret med et stort in the on the first dates focal year, con company and 115.500,000 vne tot ce petons of past the

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Entret med et stort in the on the first dates focal year, con company and 115.500,000 vne tot ce petons of past the great pot true enten matuseftching cash and the of the bonds 7. The band how you ther) 3. Second The Whether C Entries fumuing tonds and Amorting Discount by straight Line Method On the first day of thical year, C Company und $15,500,000 of the Year, bonds to finance is operations of producing and selling home improvement products Internet payable easily. The bonds were und market (flective)terest rate et muting in the cling cash of $14,871,43 Journal there to record the following 1. Ince of the trends. were met. The band combined with the rest payment your new to the nearest dr.) 3. Second Wertpay. There di come with the rest Cound you are to the nearest ) an me des pire an entry, have a Can 14,571, Entries for Issuing Bonds and Amortizing Discount by Straight-Line Method On the first day of its fiscal year, Chin Company issued $15,500,000 of five-year, 7% bonds to finance its operations of producing and selling home improvement products. Interest is payable semiannually. The bonds were issued at a market (effective) interest rate of 8%, resulting in Chin receiving cash of $14,871,343 a. Journalize the entries to record the following: 1. Issuance of the bonds. 2. First semiannual interest payment. The bond discount is combined with the semiannual Interest payment. (Round your answer to the nearest dollar.) 3. Second semiannual interest payment. The bond discount is combined with the semiannual interest payment. (Round your answer to the nearest dollar.)

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