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B. $2,000 gain C. $2,000 loss. D. $3,500 loss. QUESTION 10 8 points Save Answer Amwaj Company issued 12%, 10-year bonds with a par
B. $2,000 gain C. $2,000 loss. D. $3,500 loss. QUESTION 10 8 points Save Answer Amwaj Company issued 12%, 10-year bonds with a par value of BD 2,000,000 on January 1, 2018. Interest is to be paid semiannually on each June 30 and December 31. The bonds are issued at BD 2.147,214 cash when the market rate for this bond is 10%. Required: A) Prepare the journal entry to record the issuance of the bonds on January 1, 2018. B) Prepare the journal entry to record the first semiannual interest payment on June 30, 2018 (assume that Amwaj uses the straight-line method of amortization of any discount or premium). C) Prepare the journal entry to record the retirement of the bonds at maturity (assume that all interest payments have already been made). For the toolbar. press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS P Paragraph Arial 3 14px Click Save and Submit to save and submit. Click Save All Answers to save all answers. $5 F5 % Ex A 2 I * DELL 0 WORDS POWERED BY TINY Sove All Answers Close Window Save and Submit Oniete FG EZ F10 12 Priser A * 6 7 7 Y 8
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