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Marigold Corporation issued $ 6 6 0 , 0 0 0 of 6 % bonds on May 1 , 2 0 2 5 . The
Marigold Corporation issued $ of bonds on May The bonds were dated January and mature January
with interest payable July and January The bonds were issued at face value plus accrued interest.
Prepare Marigold's journal entries for a the May issuance, b the July interest payment, and c the December adjusting entry.
If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented
when the amount is entered. Do not indent manually. List all debit entries before credit entries.
Bonds Payable
Premium on Bonds Payable
Interest Expense
Cash
Interest Expense
Interest Payable Marigold Corporation issued $ of bonds on May The bonds were dated January and mature January
with interest payable July and January The bonds were issued at face value plus accrued interest.
Prepare Marigold's journal entries for a the May issuance, b the July interest payment, and c the December adjusting entry.
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