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first journal entry is right, entries 2 & 3 numbers are wrong so i need help Required information (The following information applies to the questions
first journal entry is right, entries 2 & 3 numbers are wrong so i need help
Required information (The following information applies to the questions displayed below! On January 1, 2021. White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year, Assuming the market interest rate on the issue date is B%, the bonds will issue at $559,229 2. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31 2021 no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the bond issue Hotel Elbatore credits Credit Gate General Journal January 01, 2021 Cash Discount on Bonds Payable Bonds Payable Dobit 559229 40.771 600,000 Record entry Clear entry View general of 2 Required information The following information applies to the questions displayed below) On January 1, 2021, White Water issues $600,000 of 7% bonds due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue dote is 8% the bonds will issue at $559229 Book 2. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021 (If no entry is required for a particuler transaction/event, select "No Journal Entry Required in the first account field, Round your final answers to the nearest whole dollar.) Hirit View transaction list Journal entry worksheet Step by Step Solution
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