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Exercise 10-16 Recording bond issuance at par, interest payments, and bond maturity LO P1 On January 1, 2017 Brussels Enterprises issues bonds at par dated

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Exercise 10-16 Recording bond issuance at par, interest payments, and bond maturity LO P1 On January 1, 2017 Brussels Enterprises issues bonds at par dated January 1, 2017, that have a $3,300,000 par value, mature in 4 years, and pay 10% Interest semiannually on June 30 and December 31 1. Record the entry for the issuance of bonds for cash on January 1, 2017 2. Record the entry for the first semiannual interest payment on June 30, 2017 3. Record the entry for the second semiannual interest payment on December 31, 2017 4. Record the entry for the maturity of the bonds on December 31, 2020 (assume semiannual interest is already recorded). View transaction list Journal entry worksheet 1 2 3 Record the issuance of bonds for cash on January 1, 2017 Note: Enter debits before credits General Journal Debit Credit Date January 01, 2017 Record entry Clear entry View general journal

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