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Correct Answer ( Used ) Prepare the journal entry at the date of the bond issuance. ( Round answer to 2 decimal places, e .
Correct Answer Used
Prepare the journal entry at the date of the bond issuance. Round answer to decimal places, eg If no entry is
required, select No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when
the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select No entry" for
the account titles and enter in the respective debit and credit fields.
sate
Account Titles and Explanation
Debit
Credit
nuary
Bonds Payable
Premium on Bonds Payable b
Prepare a schedule of interest expense and bond amortization for Round answer to decimal places, eg
On January Nash Company sold bonds having a maturity value of $ for $ which provides
the bondholders with a yield. The bonds are dated January and mature January with interest payable
December of each year. Nash Company allocates interest and unamortized discount or premium on the effectiveinterest
basis.
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I got part A and B wrong. Please solve and example
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