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Check my work Prepare the journal entry to record the bonds' issuance. (Round intermediate calculations to the nearest dollar amount.) View transaction list Journal entry
Check my work Prepare the journal entry to record the bonds' issuance. (Round intermediate calculations to the nearest dollar amount.) View transaction list Journal entry worksheet 1 Record the issuance of the bonds for cash. es Note: Enter debits before credits Transaction General Journal Debit Credit 1 View general journal Record entry Clear entry Required 1 Check my work Exercise 14-17A Computing bond interest and price; recording bond issuance LO C2 Citywide Company issues bonds with a par value of $74,000. The bonds mature in six years and pay 9% annual interest in semiannual payments. The annual market rate for the bonds is 8%. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date 2. Prepare the journal entry to record the bonds' issuance Complete this question by entering your answers in the tabs below. es Required 1 Required 2 Prepare the journal entry to record the bonds' issuance. (Round intermediate calculations to the nearest dollar amount.) View transaction list Journal entry worksheet Record the issuance of the bonds for cash
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