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I NEED HELP PLEASE ASAP!!!!! Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) (The following information opplies to the questions displayed
I NEED HELP PLEASE ASAP!!!!!
Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) (The following information opplies to the questions displayed below) Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $1,900,000 of 9% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 2 2. If the market interest rate is 10%, the bonds will issue at $1,753,962. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 3t, 2024, (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount) Step by Step Solution
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