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December 31, 2018 Record the entry for the semi-annual interest expense. Date Account Debit Credit Spreadsheet 10 - Bonds payable transactions 12/31/18 Discount on Bonds
December 31, 2018 Record the entry for the semi-annual interest expense. Date Account Debit Credit Spreadsheet 10 - Bonds payable transactions 12/31/18 Discount on Bonds Payable Record the joumal entries for the ssuance of the bonds, the s emiannual norest payments using the effective interest method, and the early redemption of the bonds One account has been entered already in each joumal entry Complete the other accounts and the amounts to the nearest whole dollar) Use only cell references and formulas. The only number that may be entered in the formules is "2" On January 1, 2018 your company issued bonds to raise money The facts are as follows: June 30, 2019 Record the entry for the semi-annual interest expense. Date Account Debit Credit Faon amount Cash ronived Stated rate Tu Market rate $630,000 $504,736 12% 3 14% 6/30/19 years Discount on Bonds Payable Interest is recorded seri annually January 1, 2018 Record the entry for the l ance of the bondo. December 31, 2019 Record the entry for the semi-annual Interest expense. Account Debit Credit Date 111/18 Account Debit Credit Date 12/31/19 Discount on Honda Payable Discount on Bonds Payable June 30, 2018 Record the entry for the semi-annual interest expense December 31, 2019 Record the entry to call the bonds after two years $524,700 Account Date 8/30/18 Debit Credit Date Account Debit Discount on Bonds Payable Credit 12/31/19 Discount on Bonds Pavable
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