Journal entry worksheet

On January 2024. Ithaca Corporation b3ndS that have a face value Of S290.OOD The Cortland bonds have a stated rate Of iS paid semiannually on June 30 and December and the bonds mature in 'O ds Of similar the market yield on particular dates is es Note: use tables, Excel. or a finarwial and 1, 2024 June ae2a 31, red; I-a. Calculate paid for the Cortland bonds on January 1.2024 (ignoring brokerage fees), lb. Prepa'C a entry to the 2. all related to the dwing 2024. assuming Ithaca for the bonds as o he'd.tCHnaturity investment. Ithaca interest at the effective date d purchased the 3. Prepare journal related to the bond investment 2024. that Chose the lair value option when the bonds purchased. and that determines fair value Of the bonds Ithaca calculates interest revenue at the effective rate os Of the date purchased the txindS. Complete this question by entering your in the tabs a entry to record the rewired" in nrst account 00 not no is required a No Note; Prev N oxt