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M11-Classwork - Reporting and Analyzing Liabilities Question 11 of 11 2.06 / 10 View Policies Show Attempt History Current Attempt in Progress Your answer is

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M11-Classwork - Reporting and Analyzing Liabilities Question 11 of 11 2.06 / 10 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct Wildhorse Coksued $513.000 7%, 30-year bands on January 1, 2022, at 108. Interest is payable annually on January 1, Wildhorse uses straight line amortization for bond premium or discount Prepare the Journal entries to record the following events. (Credite account titles are automatically indented when amount is entered. Do not indent manually (a) (b) (c) Idi The issuance of the bonds. The accrual of interest and the premium amortization on December 31, 2022. The payment of interest on January 1, 2023 The redemption of the bonds at maturity, suming interest for the last interest period has been paid and recorded No. Date Account Titles and Explanation Debit Cred ( an. 1. 2023 (b) Dec 31, 2012 11. Classwork.Reporting and Analyzing Liabilities Question 11 of 11 2.06/10 la) (b) (c (d) The issuance of the bonds The accrual of interest and the premium amortization on December 31, 2022 The payment of interest on January 1, 2023, The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. Account Titles and Explanation Debit Date 1 2022 Credit DEC312022 eTextbook and Media

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