Cupola Fan Corporation issued 8%. $470.000. 10 year bonds for $459.000 on June 30, 2021. Debt issue costs were $2200. Interestis pald semiannually on December 31 and June 30 One year from the issue cate (July 1, 2022), the corporation exercised its call privilege and reared the bonds for $465,000. The corporation uses the straight-line method both to determine Interest expense and to amortize debt issue costs Required: 1. to 4. Prepare the journal entry to record the issuance of the bonds, the payment of interest and amoruzation of debt issue costs on December 31, 2018 June 30, 2022 and the call of the bonds (ir no entry is required for a transaction/event select "No journal entry required in the first account field.) View transaction Journal entry worksheet 2 2 Record the issuance of the bonds. on the General Journal Debit Credit Date June 30, 2021 Record entry Clear entry View general journal Cupola Fan Corporation issued 8%. $470000. 10-year bonds for $459,000 on June 30, 2021 Debt issue costs were $2200. Interest is pald semiannually on December 31 and June 30. One year from the issue date (July 1, 2022, the corporation exercised its call privilege and retired the bonds for $465,000 The corporation uses the straight-line method both to determine interest expense and to amortize debt issue costs Required 1 to 4. Prepare the journal entry to record the issuance of the bonds, the payment of interest and amortization of debt issue costs on December 31, 2021 & June 30, 2022 and the call of the bonds. Of no entry is required for a transaction/event, select "No Journal entry required in the first account field) View transaction et Journal entry worksheet Record the payment of interest. Niente des bonnes General Journal Debit Date June 30, 2022 Credit Record entry Clear entry View general Journal Cupola Fan Corporation issued 8%. $470,000. 10-year bonds for $459.000 on June 30, 2021. Debt issue costs were $2.200. Interest is pald semiannually on December 31 and June 30. One year from the issue date (July 1, 2022, the corporation exercised its call privilege and retired the bonds for $465.000 The corporation uses the straight-line method both to determine interest expense and to amortize debt issue costs Required: 1. to 4. Prepare the Journal entry to record the Issuance of the bonds, the payment of interest and amortization of debt issue costs on December 31, 2021 & June 30, 2022, and the call of the bonds if no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) Vlow transaction Journal entry worksheet
