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I have two different problems for each presented and I don't know how to begin: Bellvue Company issues 10%, five-year bonds, on December 31, 2010,
I have two different problems for each presented and I don't know how to begin: Bellvue Company issues 10%, five-year bonds, on December 31, 2010, with a par value of $100,000 and semiannual interest payments. Semiannual Period-End Unamortized Discount Carrying Value (0) 12/31/2010 $ 7,360 $ 92,640 (1) 6/30/2011 6,624 93,376 (2) 12/31/2011 5,888 94,112 -------------------------------------------------------------------------------- Use the above straight-line bond amortization table and prepare journal entries to record the following. 1) The issuance of bonds on December 31, 2010
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