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Ch. 12 Question 5 of 5 > This test: 5 points) possible Submit test This question: 1 point) possible Howard Company issued $160.000, 12%,
Ch. 12 Question 5 of 5 > This test: 5 points) possible Submit test This question: 1 point) possible Howard Company issued $160.000, 12%, 10-year bonds payable at 90 on January 1, 2024 6. Journalize the issuance of the bonds payable on January 1, 2024 premium 7. Joumalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2024 Assume the bonds payable was instead issued at 112. Joumalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the tond discount o (Recent debits first, then credits Select explanations on the last line of the journal entry) 6. Joumaze the issuance of the bonds payable on January 1, 2024 Date Jan. 1 Accounts and Explanation Deb Credit 7. Joumals the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2024 Accounts and Explanation Dale JA 1 Debit Credit 8. Assume the bonds payable was instead issued at 112. Joumalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium
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