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need help please [The following information applles to the questions displayed below] On January 1, 2024, Twister Enterprises, a manufacturer of a variety of transportable
need help please
[The following information applles to the questions displayed below] On January 1, 2024, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $580,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. 2. If the market interest rate is 9%, the bonds will issue at $542,277. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30,2024 , and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Required information [The following information applies to the questions displayed below] On January 1, 2024. Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $580,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. If the market interest rate is 7%, the bonds will issue at $621,216. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet 3 Note: Enter dobits before credits: 3. If the market interest rate is 7%, the bonds will issue at $621,216. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30,2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet 3 Record the first semiannual interest payment. Porej Enter debits before credits; 3. If the market interest rate is 7%, the bonds will issue at $621,216. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30,2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet Record the second semiannual interest payment. Notes Enter debits before credits Step by Step Solution
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