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Instructions General Joumal jo Instructions Bonds Issued at a Discount Brenner's Home Club issued the following bonds at a discount: Date of issue and sale:
Instructions General Joumal jo Instructions Bonds Issued at a Discount Brenner's Home Club issued the following bonds at a discount: Date of issue and sale: April 1, 20-1 Principal amount: Sale price of bonds: Denomination of bonds: $1,000 Life of bonds: Stated rate: 0 $590,000 98 10 years 7%, payable semiannually on September 30 and March 31 Prepare journal entries for Issuance of the bonds at a discount. b. Interest payment and discount amortization on the bonds on September 30. c. Year-end adjustment on the bonds. Ir an amount box does not require an entry, leave it blank
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