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can you get a zero on a journal not sure if i did this right. also the interest payment I am not sure since the
can you get a zero on a journal not sure if i did this right. also the interest payment I am not sure since the figures are the same
Pretzelmania, Inc., Issues 7%, 10-year bonds with a face amount of $67,000 for $67,000 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 7%. Interest is paid semiannually on June 30 and December 21 Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. (if no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 1 2 Record the bond issue on January 1, 2021 Prev 1 of 9 Next > O DI Journal entry worksheet 2 Record the bond issue on January 1, 2021. Note: Enter debits before credits. Debit Credit Date General Journal January 01, 2021 Cash Discount on Bonds Payable 67,000 0 Becocento Cleanente View.national Prev 1 of 9 Next > Journal entry worksheet 2 Record the first interest payment on June 30, 2021. Note: Enter debits before credits Date General Journal Debit Credit June 30, 2021 Viewoneratioun Clear entry Record entreStep by Step Solution
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