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NEED HELP ASAP THANK YOU Required lafosmation The kollowing information apples fo the questions disployed below) Duvai Comptry iswes fouryear bonds with a $118,000 par
NEED HELP ASAP THANK YOU
Required lafosmation The kollowing information apples fo the questions disployed below) Duvai Comptry iswes fouryear bonds with a $118,000 par value on January 1, 2021, at a pice of \$113,864. The annual contract rase is 6k, and interest is paid semisnrwilly on June 30 and December 31 . 3. Prepare the journal entry for maturiny of the bonds on December 31, 2024 (assume sermianeval interest is alreody recorded) Journal entry woricsheet Recond the entry for payment of the bonds at maturity. (Assume semiannual interest is diready reconted). Note: Enter debits before credits Step by Step Solution
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