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On January 1 , 2 0 2 4 , Splash City issues $ 3 4 0 , 0 0 0 of 6 % bonds, due
On January Splash City issues $ of bonds, due in years, with interest payable semiannually on June and December each year. The market interest rate on the issue date is and the bonds issued at $ If the market interest rate drops to on December it will cost $ to retire the bonds. Record the retirement of the bonds on December If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.
On January Splash City issues $ of bonds, due in years, with interest payable semiannually on June and December each year. The market interest rate on the issue date is and the bonds issued at $ If the market interest rate drops to on December it will cost $ to retire the bonds. Record the retirement of the bonds on December If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.
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