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Instructions Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issued $1,200,000 of 10 year, 12% bonds on May 1 of the

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Instructions Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issued $1,200,000 of 10 year, 12% bonds on May 1 of the current year at face value with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year Journaize the entries to record the following selected transactions for the current year. Refer to the Chart of Accounts for exact wording of account titles. May 1 issued the bonds for cash of their face amount Nov 1 Paid the interest on the bonds Recorded Bored interest for two months Doc 31 Journal the transactions. Refer to the Chart of Accounts for exact wording of account titles PAGE 10 ACCOUNTING EQUATION JOURNAL EQUITY LIMITES POST. REY CREDIT ACOETS DESCRIPTION DEBIT DATE Adjusting Entries

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