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can you show me how to do step (c)? i understand the rest Issuing Bonds at Face Amount On January 1, the first day of
can you show me how to do step (c)? i understand the rest Issuing Bonds at Face Amount On January 1, the first day of the fiscal year, Designer Fabric Inc. Issues a $5,000,000, 6%, 10-year bond that pays semiannual interest of $150,000 ($5,000,000 x 6% X year), receiving cash of $5,000,000 (a) Journalize the entry to record the issuance of the bonds. Cash Bonds Payable Feedback Check My Won (b) Joumalize the entry to record the first interest payment on June 30, Interest Expense Cash Feedback Check My Work (c) Journalize the entry to record the payment of the principal on the maturity date, Bonds Payable Cash
can you show me how to do step (c)? i understand the rest
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