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+ Houston Company authorized a $1,000,000, 10-year, 6% bond issue dated January 1, 2020, with semi-annual interest to be paid each July 1 and January
+ Houston Company authorized a $1,000,000, 10-year, 6% bond issue dated January 1, 2020, with semi-annual interest to be paid each July 1 and January 1. The bonds were issued (sold) for $1,200,000. < [] (a)+ + Give the entry to record the sale of the bonds. < t 7 + t + t t + + + (b) Give the entry to record interest expense on June 30, 2020. Assume straight-line amortization: < + + + + 2 2
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