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Exercise #1 LOLO Corporation issued $ 1,200,000, 9%, 5-year bonds dated January 1 calendar year. On May 1, 2019, 2019, at face value plus interest

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Exercise #1 LOLO Corporation issued $ 1,200,000, 9%, 5-year bonds dated January 1 calendar year. On May 1, 2019, 2019, at face value plus interest accrued. The bonds pay interest semiannualy o July 1. The company uses the straight-line method of amortization and uses a Instructions Prepare the journal entries that the bonds on the dates indicated below: LOLO Corporation would make in relation to the issuance of January 1, 2019 May 1, 2019 July 1, 2019 Exercise #2 On January 1, 2019, the SONY Corporation issued S 300,000 8%, 10-year bonds, at par value. Interest is paid semiannually on July 1 and January 1. SONY uses calendar year. Instructions Prepare all entries related to the bond issue for 2019. Exercise #3 (with bonus (prima) ) The LEMON Company issued $ 800,000, 10%, 20-year bonds on January 1, 2019, to 104. Interest is paid semi-annually on July 1 and January 1. LEMON uses the amortization method of straight lines and calendar year Instructions: Prepare all the journal entries made in 2019 related to the bond issuance. Exercise #4 On March 1, 2019, the WIN Company issued $ 150,000, 9%, 10-year bonds a face value plus interest accrued. Interest is paid semiannually on July 1 and January 1. The WIN Company records the calendar year accounts. Instructions Prepare all journal entries related to the bond issue for 2019

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