Homework: Chapter 10 - GRADED Problems Sim Score: 1.5 of 6 pts of 5 (1 com HW Score: 7.6%, 1.5 of 20 pts Qon O P10-18A (similar to) Dupoor Berater Bruters proches 500.000 of 6% runt bonds of Mefto Cerporation et les vahe on January 1, 2016. These bende very hart on a wand beantwoch ye hay mature on Precamber 4, 2017. Omatum to the Read the recents Home Joe Deus Brother's van action solus abends toy 2018. The conductor, hence to the won on the last weet hoe jouw) tegin by maling Den er in January 1, 2011 Accounts and planation Date be 2018 600.000 600.000 Det Crede Mest punaiz e molto cash interest on line 30, 2018 Date Accounts and Explanation 2010 Jun 30 Casa In Revenu 24.000 20.000 Recht Surlar Oto This question is complete. Move your cursor Over or tap on the red arrows to incorrect answers All parts showing Suppose Donne Broman purchases $800.000 or annual bonds of McPhew Corporation at face value on January 1, 2018. The bonds say interest on June 30 and December touch year. They mature intends to hold the McPhee until Read the requirements Received cash interest Journalize the receipt of cash interest on December 31, 2018 Date Accounts and Explanation 2010 Dec 31 Cash Interest Raven Dobit Credit 24,000 24,000 Received easierat Requirement 2. Joumalize the entry required on the McPhee bonds maturity dato (Assunt interest payment has already been recorded) Record debts first, then credits Set the explanation on Date Accounts and Explanation Debit Credit 2027 Dec. 31 Cash 600,000 Hold to Maturity Debt investments 600,000 Disposed of bond w maturity This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers. All parts showing