H 242 Homework 15-5 243 Holiday has $8,000,000 of 5.5%, 20 years bonds dated February 28, with interest 244 payable on August 31 and February 28. The company year end is November 30. 245 1. Assume the bonds are issued at 102.5 on February 28. Prepare journal entries 246 for February 28, August 31 and November 30. 247 2. Assume the bonds are issued at 97.5 on February 28, Prepare journal entries 248 for February 28, August 31 and November 30. 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 Sheet1 + DS 18 D E H A B D E F G 242 Homework 15-5 243 Holiday has $8,000,000 of 5.5%, 20 years bonds dated February 28, with interest 244 payable on August 31 and February 28. The company year end is November 30. 245 1. Assume the bonds are issued at 102.5 on February 28. Prepare journal entries 246 for February 28, August 31 and November 30. 247 2. Assume the bonds are issued at 97.5 on February 28. Prepare journal entries 248 for February 28, August 31 and November 30. 249 250 251 252 253 254 255 256