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Dobbs Company issues 8%, two-year bonds, on December 31, 2019, with a par value of $97.000 and semiannual interest payments Semiannual Period - End 12/31/2019

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Dobbs Company issues 8%, two-year bonds, on December 31, 2019, with a par value of $97.000 and semiannual interest payments Semiannual Period - End 12/31/2019 (1) 6/30/2020 (2) 12/31/2020 6/30/2021 (4) 12/31/2021 Unamortized Discount $5,940 4,455 2,970 1,485 Carrying Value $91,060 92,545 94,030 95,515 97,880 (3) Use the above straight-line bond amortization table and prepare journal entries for the following Required: (a) The issuance of bonds on December 31, 2019 (b) The first through fourth interest payments on each June 30 and December 31 (c) Record the maturity of the bonds on December 31, 2021. Journal entry worksheet 1 Record the payment on maturity on December 31, 2021. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2021 View general journal Hecord entry Cleaniny

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