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Exercise 10-6 Straight-Line: Recording bond Issuance and discount amortization LO P2 Dobbs Company issues 6%, two-year bonds, on December 31, 2019, with a par value
Exercise 10-6 Straight-Line: Recording bond Issuance and discount amortization LO P2 Dobbs Company issues 6%, two-year bonds, on December 31, 2019, with a par value of $101,000 and semiannual interest Semiannual Period - End (0) 12/31/2019 (1) 6/30/2020 (2) 12/31/2020 (3) 6/30/2021 (4) 12/31/2021 Unamortized Discount $6,020 4,515 3, 010 1,505 Carrying Value $ 94, 980 96, 485 97,990 99, 495 101, 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. (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. Complete this question by entering your answers in the tabs below. Required A Required B Required C no 10 The issuance of bonds on December 31, 2019. View transaction list Journal entry worksheet
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