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+ Ch. 10 Homework (Graded) Question 3 of 4 -/1 View Policies Current Attempt in Progress Marigold Corporation sold $2.450,000, 8%, 5-year bonds on January
+ Ch. 10 Homework (Graded) Question 3 of 4 -/1 View Policies Current Attempt in Progress Marigold Corporation sold $2.450,000, 8%, 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1. Marigold Corporation uses the straight-line method to amortize bond premium or discount. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 104. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Dec. 31 e Textbook and Media List of Accounts Prepare journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 95. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Dec. 31 e Textbook and Media List of Accounts + Ch. 10 Homework (Graded) Question 3 of 4 -/1 ElexLUUK aTu vieula List of Accounts (1) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 104 selling price. MARIGOLD CORPORATION Balance Sheet (Partial) $ $ (2) Show the balance sheet presentation for the bond issue at December 31, 2022 using the 95 selling price. MARIGOLD CORPORATION Balance Sheet (Partial) $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 4 used Submit
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