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Deegan Imports received authorization on December 31, 2017. to issue 59. 84. 20-year bonds. The Interest payment dates are June 30 and Docomb were issued

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Deegan Imports received authorization on December 31, 2017. to issue 59. 84. 20-year bonds. The Interest payment dates are June 30 and Docomb were issued at a premium of one-month interest above par value, on 17. to issue $9,000,000 face value of and December 31. All the bonds value, on February 1, 2018 (a) Prepare the journal entry to record the issuance of the bonds on (b) Prepare the journal to record the first interest payment on the bone Date Account Titles and Explanation Dec 31, 2017 Cash Cas ince of the bonds on February 1, 2018. (25 points) st payment on the bonds at June 30, 2018 (25 points) Credit Debit 9,000,000

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