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Instructions Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson Co. issued $360,000 of 10-year, 8% bonds on November 1. The
Instructions Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson Co. issued $360,000 of 10-year, 8% bonds on November 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions for the current year. Refer to the Chart of Accounts for exact wording of account ta Issued the bonds for cash at their face amount. May Nov 1 1 Paid the interest on the bonds Dec. 31 Recorded accrued interest for two months. Journal Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles JOURNAL DATE DESCRIPTION POST, REF ACCOUNT DEBIT CREDIT ASSETS LL Adjusting Entries ck My Work 3 more Check My Work uses remaining 17 All work saved.
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