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Home Read, Study & Practice Gradebook ORION Downloadable eTextbook GNMENT RESOURCES Problem 10-4A Ch10 On October 1,2016, Concord Corp. issued $924,000. 7%, 10-year bonds at

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Home Read, Study & Practice Gradebook ORION Downloadable eTextbook GNMENT RESOURCES Problem 10-4A Ch10 On October 1,2016, Concord Corp. issued $924,000. 7%, 10-year bonds at face value. The bonds were dated October 1, 2016, and pry interest annually on October 1. Financial statements are prepared annually on December 31 Problem 10-2A Review Score Review Results by Study manually.) Objective Prepare the journal entry to record the issuance of the bonds.(Credit account titles are automatically indented when amount is entered. Do not indent Date Account Titles and Explanation Debit Credit Oct. 1, 201 Prepare the adjusting entry to record the accrual of interest on December 31, 2016. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tides and Explanation Debit Credit Dec. 31, 2016 SNOW LEST OF ACCOUNTS

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