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May 1 and November 1 . The fiscal year of the company is the calendar year. Joumalize the entries to record the following selected transactions:
May 1 and November 1 . The fiscal year of the company is the calendar year. Joumalize the entries to record the following selected transactions: 20Y1 May 1 Issued the bonds for cash at their face amount. Nov, 1 Paid the interest on the bonds. 205 Nov. 1 Called the bond issue at 97 , the rate provided in the bond indenture. (Omit entry for payment of interest.) Issued the bonds for cash at their face amount. 20Y1, May 1 Paid the interest on the bonds. 20Y1, Nov, 1 May 1 Issued the bonds for cash at their face amount. Nov. 1 Paid the interest on the bonds. 20Y5 Nov. 1 Called the bond issue at 97, the rate provided in the bond indenture. (Omit entry for payment of interest.) Issued the hande far 20
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