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Obert Company issued a $140,000, 6%, 10 year bond payable at 88 on January 1, 2018. Interest is paid semiannually on January 1 and July

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Obert Company issued a $140,000, 6%, 10 year bond payable at 88 on January 1, 2018. Interest is paid semiannually on January 1 and July 1. Read the requirements Requirement 1. Journalize the issuance of the bond payable on January 1, 2018. (Record debits first, then credits Select explanations on the last line of the journal entry) Date Accounts and Explanation Debit Credit 2018 Jan. 1 Requirement 2. Journalize the payment of semiannual interest and amortization of the bond discount or premium on July 1, 2018. (Assume bonds payable are amortized using the straight-line amortization method Record debits first then credits Select explanations on the last line of the journal entry Round your answers to the nearest whole dollar) Date Accounts and Explanation Debit Credit Obert Company issued a $140,000, 6%, 10-year bond payable at 88 on January 1, 2018 Interest is paid semiannually on January 1 and July 1 Read the requirements Requirement 2. Journalize the payment of semiannual interest and amortization of the bond discount or premium on July 1, 2018. (Assume bonds payable are amortized using the straight-line amortization method. Record debits first, then credits. Select explanations on the last line of the journal entry. Round your answers to the nearest whole dollar) Date Accounts and Explanation Debit Credit 2018 Jul 1 tarantarany number in the input fields and then continue to the next question Obert Company issued a $140,000, 6%, 10-year bond payable at 88 on January 1, 2018. Interest is paid semiannually on January 1 and July 1. Read the requirements Requirement 1. Journalize the issuance of the bond payable on January 1, 2018. (Record debits first, then credits. Select explanations on the last line of the journal entry) Date Accounts 2018 S O Requirements 1. Journalize the issuance of the bond payable on January 1, 2018 2. Journalize the payment of semiannual interest and amortization of the bond discount or premium on July 1, 2018 Print Done Requirement 2. Journalize the paym amortized using the straight-line amo to the nearest whole dollar) Assume bonds payable are Jurnal entry. Round your answers ation Debit | Credit Date Accounts and Explanation Choose from any list or enter any number in the input fields and then continue to the next

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