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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 $107.000 and semiannual interest payments. Semiannual Period-End Unamortized Discount Carrying Value 12/31/2019 $6,140 $100,860 (1) 6/30/2020 102,395 (2) 12/31/2020 3,070 103,930 (3) 6/30/2021 1,535 105,465 (4) 12/31/2021 107.000 (0) 4,605 0 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, Id Record the maturity of the bonds on December 31, 2021 Journal entry worksheet Record the payment on maturity on December 31, 2021. Note: Enter debits before credits. Geng Journal Debit Credit Date Dec 31, 2021 Record entry Clear entry View general Journal

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