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HELP PLEASE Required information [The following information applies to the questions displayed below.) On January 1, 2021, White Water issues $520,000 of 5% bonds, due
HELP PLEASE
Required information [The following information applies to the questions displayed below.) On January 1, 2021, White Water issues $520,000 of 5% bonds, due in 15 years, with interest payable annually on December 31 each year Assuming the market interest rate on the issue date is 6%, the bonds will issue at $469,499 2. Record the bond issue on January 1, 2021, and the first two interest payments on December 31, 2021, and December 31, 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your finat answers to the nearest whole dollar) View transaction that Journal entry worksheet 24 S] atv Required information Journal entry worksheet MOV otv 24 N JO W A @ Required information Journal entry worksheet Record the first annual interest payment. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2021 Dede AIR VA HOV 24 tv A Required information Journal entry worksheet Ex NA etv X an 24 Step by Step Solution
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