Question
Neko Inc. issued a $500,000, 3.25 percent, 10-year bond payable on January 1, 2020 Joumalize the following transactions for Noks Inc. assuming that the business
Neko Inc. issued a $500,000, 3.25 percent, 10-year bond payable on January 1, 2020 Joumalize the following transactions for Noks Inc. assuming that the business has a December 31 Bucal year end clean explanation each entry a. Issuance of the bond at par on January 1, 2020 b. Payment of semi-annual interest on July 1, 2020 c. January 1, 2030 Payment of the bonds payable at maturity a. Issuance of the bond at par on January 1, 2020. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Journal Entry Date Accounts and Explanations Jan 1 2020 Debit Credit b. Payment of semi-annual interest on July 1. 2020 (Round amounts to the nearest dollar) Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question Type here to search Lenovo chapp 2 4- 2 x $ 31 94 C PM. % 5775 1 32 2 @ w " # 3E R D 9 27 ? T Y U 4 4 8 2 9 30 14 1/2 3/4 204PM WILLOW Neko Inc. issued a $500,000, 3.25 percent, 10-year bond payable on January 1, 2020 Joumalize the following transactions for Noks Inc. assuming that the business has a December 31 Bucal year end clean explanation each entry a. Issuance of the bond at par on January 1, 2020 b. Payment of semi-annual interest on July 1, 2020 c. January 1, 2030 Payment of the bonds payable at maturity a. Issuance of the bond at par on January 1, 2020. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Journal Entry Date Accounts and Explanations Jan 1 2020 Debit Credit b. Payment of semi-annual interest on July 1. 2020 (Round amounts to the nearest dollar) Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question Type here to search Lenovo chapp 2 4- 2 x $ 31 94 C PM. % 5775 1 32 2 @ w " # 3E R D 9 27 ? T Y U 4 4 8 2 9 30 14 1/2 3/4 204PM WILLOW
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