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Help Pretzelmania, Inc. issues 6%, 10-year bonds with a face amount of $63,000 for $63,000 on January 1, 2021. The market interest rate for bonds
Help Pretzelmania, Inc. issues 6%, 10-year bonds with a face amount of $63,000 for $63,000 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 6% Interest is paid annually on December 31 Required: 1. & 2 Record the bond issue and first interest payment on December 31, 2021. Of no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the bond issue. Note: Enter debits before credits General Journal Debit Credit Date January 01 2021 View transaction list Journal entry worksheet
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