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Dobbs Company issues 696, two-year bonds, on December 31, 2017, with a par value of $101,000 and semiannual interest payments. Semiannual Period-End () 12/31/2017 (1)
Dobbs Company issues 696, two-year bonds, on December 31, 2017, with a par value of $101,000 and semiannual interest payments. Semiannual Period-End () 12/31/2017 (1) 6/30/2018 (2) 12/31/2018 (3) 6/30/2019 (4) 12/31/2019 Carrying Value Unamortized Discount $6,020 4,515 3,010 1,505 $ 94,980 96,485 97,990 99,495 101,000 Use the above straight-line bond amortization table and prepare journal entries for the following Required (a) The issuance of bonds on December 31, 2017. (b) The first through fourth interest payments on each June 30 and December 31 (C) Record the maturity of the bonds on December 31, 2019 Complete this question by entering your answers in the tabs below Required A Required BRequired C The first through fourth interest payments on each June 30 and December 31 View transaction list
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