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Howard Compary issued $220,000,10%,10-year bonds payable ot 94 on January 1,2016. 6. Joumalize the issuance of the bonds payable on January 1,2016 . 7. Journalize
Howard Compary issued $220,000,10%,10-year bonds payable ot 94 on January 1,2016. 6. Joumalize the issuance of the bonds payable on January 1,2016 . 7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2016. 8. Assume the bonds payable was instead issued at 110 . Joumalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premlum. (Record debits first, then credits. Select explanations on the last line of the joumal entry.) 6. Joumalize the issuance of the bonds payable on January 1,2016 . 7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1,2016 . 8. Assume the bonds payable was instead issued at 110 . Joumalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium. Start by journalaing the issuance of the bonds payable. Now joumalize the payment of the first semiannual interest and amortization of the bond
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