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Meera Corporation issued 4,000,8%, 5-year, $1,000 bonds dated January 1, 2020, at 100. Interest is paid each January 1. Prepare the journal entry to record

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Meera Corporation issued 4,000,8%, 5-year, $1,000 bonds dated January 1, 2020, at 100. Interest is paid each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Janaury 1, 2020 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the adjusting journal entry on December 31, 2020, to record interest expense. (Credit account titles are automatically indented when amount is entered. .) Date Account Tities and Explanation Debit Credit December 31, 2020 Prepare the adjusting journal entry on December 31, 2020, to record interest expense. (Credit account titles are Do not indent manually.) Debit Credit Date Account Titles and Explanation December 31, 2020 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the journal entry on January 1, 2021, to record interest paid. (Credit account titles are automatically in manually.) Date Account Titles and Explanation Debit Credit January 1, 2021 Click if you would like to Show Work for this question: Open Show Work

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