Deleau Equipment Ltd issued 12 , five year bonds with a face value of $81,890,000 on October 1, 2020 The bonds were issued at par and pay interest on March 31 and September 30 each year Deleau's year end is December 31 Prepare the journal entry for the issuance of the bonds (Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required, select No Entry for the account titles and enter for the amounts ) Debit Credit Date Account Titles and Explanation Oct 1 eTextbook and Media List of Accounts Prepare the journal entry required at December 31, 2020, and the entries for the interest payments on March 31 and September 30, 2021 (Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required, select No Entry for the account titles and enter for the amounts ) Debit Credit Date Account Titles and Explanation Dec 31, 2020 Mar 31, 2021 Sept 30, 2021

Question

Deleau Equipment Ltd  issued 12 , five year bonds with a face value of $81,890,000 on October 1, 2020  The bonds were issued at par and pay interest on March 31 and September 30 each year  Deleau's year end is December 31  Prepare the journal entry for the issuance of the bonds  (Credit account titles are automatically indented when amount is entered  Do not indent manually  If no entry is required, select  No Entry  for the account titles and enter for the amounts ) Debit Credit Date Account Titles and Explanation Oct  1 eTextbook and Media List of Accounts Prepare the journal entry required at December 31, 2020, and the entries for the interest payments on March 31 and September 30, 2021  (Credit account titles are automatically indented when amount is entered  Do not indent manually  If no entry is required, select  No Entry  for the account titles and enter for the amounts ) Debit Credit Date Account Titles and Explanation Dec  31, 2020 Mar  31, 2021 Sept  30, 2021

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Deleau Equipment Ltd. issued 12%, five-year bonds with a face value of $81,890,000 on October 1, 2020. The bonds were issued at par and pay

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