Homework: Chapter 12, Part Save Score: 0 of 2 pts 3 of 4 (0 complete) HW Score: 0%, 0 of 8 pts E12-22 (open response) e Question Help face value o On June 30, Powell Company issues 7%, 10-year bonds payable with at face value of $40,000. The bonds are issued at face value and pay interest on June 30 and December 31. Requirements 1. Journalize the issuance of the bonds on June 30. 2. Journalize the semiannual interest payment on December 31. Requirement 1. Journalize the issuance of the bonds on June 30. (Record debits first, then credits. Select explanations on the last line of the journal entry. Check your spelling carefully and do not abbreviate.) Date Accounts and Explanation Debit Credit Jun. 30 Save Homework: Chapter 12, Part 1 Score: 0 of 2 pts 3 of 4 (0 complete) HW Score: 0%, 0 of 8 pts E12-22 (open response) 5 Question Help On June 30, Powell Company issues 7%, 10-year bonds payable with at face value of $40,000. The bonds are issued at face value and pay interest on June 30 and December 31 Requirements 1. Journalize the issuance of the bonds on June 30. 2. Journalize the semiannual interest payment on December 31. Requirement 1. Journalize the issuance of the bonds on June 30. (Record debits first, then credits. Select explanations on the last line of the journal entry. Check your spelling carefully and do not abbreviate.) Date Accounts and Explanation Debit Credit Jun 30 / / Choose from any list or enter any number in the input fields and then click Check Answer 1 part Clear All remaining Check Answer 1:21 PM