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On August 1, 2022. Swifty Corporation issued $505,200,8%, 10-year bonds at face value Interestis payable annually on August 1. Swifty's year-end is December 31 Prepare
On August 1, 2022. Swifty Corporation issued $505,200,8%, 10-year bonds at face value Interestis payable annually on August 1. Swifty's year-end is December 31 Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Aug 1 Credit Bramble Corp. issued 3,400 8% 9-year, $1,000 bonds dated January 1, 2022, at face value. Interest is paid each January 1 (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically Indented when amount is entered. Do not indent manually.) Data Account Titles and Explanation Deblo Credit Jan. 1.2022
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