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On February $200,000. The bonds sold for $182,841 and mature in 20 years. was 10%. Interest Fox uses the straight-line method of amortization 1, 2018,
On February $200,000. The bonds sold for $182,841 and mature in 20 years. was 10%. Interest Fox uses the straight-line method of amortization 1, 2018, Fox Corporation issued 9% bonds dated February 1, 2018, with a face amount of The effective interest rate for these bonds is paid semiannually on July 31 and January 31. Fox's fiscal year is the calendar year. 1. Prepare the journal entry to record the bond issuance on February 1, 2018 2. Prepare the entry to record interest on July 31, 2018 3. Prepare the necessary journal entry on December 31,2018. 4. Prepare the necessary journal entry on January 31, 2019. (Ctrl)
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