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Exercise 10-6 Straight-Line: Recording bond issuance and discount amortization LO P2 Dobbs Company issues 7%, two-year bonds, on December 31, 2019, with a par value

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Exercise 10-6 Straight-Line: Recording bond issuance and discount amortization LO P2 Dobbs Company issues 7%, two-year bonds, on December 31, 2019, with a par value of $93,000 and semiannual interest payments. Bomannut Period-End (0) 12/31/2019 (1) 6/30/2020 (2) 12/31/2020 (3) 6/30/2021 12/31/2021 Unamortired Discount 55,860 4.395 2,930 1,465 0 Carrying Value 587, 140 88,605 90,070 91,535 93,000 Use the above straight line bond amortization table and prepare journal entries for the following Required: (a) The issuance of bonds on December 31, 2019, (6) The first through fourth interest payments on each June 30 and December 31, e Record the maturity of the bonds on December 31, 2021 Complete this question by entering your answers in the tabs below. Required A Required B Required The first through fourth interest payments on each June 30 and December 31 Viww.transaction list Journal entry worksheet 1 2 3 4 Record the interest payment and amortization on June 30, 2020. Note: Enter debits before credits. Date General Journal Dobit Credit Jun 30, 2020 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 3 4 Record the interest payment and amortization on December 31, 2020. Note: Enter debits before credits. General Journal Date Dec 31, 2020 Dobit Credit Record entry Clear entry View general Journal Journal entry worksheet

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