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Destionner McQuaid Corp. issued 6.5% ten-year bonds payable with a face amount of $90,000 when the market interest rate was 6.5%. McQuald's fiscal year-end on

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Destionner McQuaid Corp. issued 6.5% ten-year bonds payable with a face amount of $90,000 when the market interest rate was 6.5%. McQuald's fiscal year-end on Decem 31. The bonds pay interest on January 1 and July 1. Read the resultement a. Issuance of the bonds payable at par on July 1, 2018 Journal Entry Date Accounts and Explanations 2018 Debit Credit Jul 1 Requirement rei Joumalize the following transactions for McQuaid include an explanation for each entry assuance of the bonds payable at par on July 1, 2018 b. Accrual of interest expense on December 31, 2018 c. Payment of cash interest on January 1, 2019 d. Payment of the bonds payable at maturity give the date) (Record debits first, then credits Select the explanation on the last line of the ournal entry table Choose from any list or enter any number in the in alanc

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