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Issued the bonds for cash at their face amount. Date Account Debit Credit 20Y5 May 1 Cash Bonds Payable Feedback Check My Work Paid the
Issued the bonds for cash at their face amount. Date Account Debit Credit 20Y5 May 1 Cash Bonds Payable Feedback Check My Work Paid the interest on the bonds. Date Account Debit Credit 20Y5 Nov. 1 Interest Expense Cash Feedback Check My Work Called the bond issue at 95, the rate provided in the bond indenture. (Omit entry for payment of interest.) Date Account Debit Credit 20Y9 Nov. 1 Bonds Payable Gain on Redemption of Bonds CashEntries for issuing and calling bonds; gain Mia Breen Corp. produces and sells windenergydriven engines. To nance its operations, Mia Breen issued $489,000 of 20year, 10% callable bonds on May 1, 20Y5, at their face amount, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions: ZOYS May 1 Issued the bonds for cash at their face amount. November 1 Paid the interest on the bonds. 20Y9 November 1 Called the bond issue at 95, the rate provided in the bond indenture. (Omit entry for payment of interest.) If an amount box does not require an entry, leave it blank
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