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Current Attempt in Progress On June 3 0 , 2 0 2 3 , Wildhorse Limited issued $ 5 million of 2 0 - year,
Current Attempt in Progress
On June Wildhorse Limited issued $ million of year, bonds for $ which provides a yield of The
company uses the effective interest method to amortize any bond premium or discount. The bonds pay semiannual interest on June
and December
a
Prepare the journal entries to record the following transactions: Round answers to decimal places, eg Credit account titles
are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account
titles and enter for the amounts. List debit entries before credit entry. Record journal entries in the order presented in the problem.
The issuance of the bonds on June
The payment of interest and the amortization of the premium on December
The payment of interest and the amortization of the premium on June
The payment of interest and the amortization of the premium on December
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