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On January 1 , 2 0 2 5 , Riverbed Corporation issued $ 7 0 0 , 0 0 0 of 9 % bonds, due
On January Riverbed Corporation issued $ of bonds, due in years. The bonds were issued for $ and pay interest each July and January Riverbed uses the effectiveinterest method. Prepare the company's journal entries for a the January issuance, b the July interest payment, and c the December adjusting entry. Assume an effectiveinterest rate of Round answers to decimal places, eg If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not
On January Riverbed Corporation issued $ of bonds, due in years. The bonds were issued for $ and pay
interest each July and January Riverbed uses the effectiveinterest method.
Prepare the company's journal entries for a the January issuance, b the July interest payment, and c the December
adjusting entry. Assume an effectiveinterest rate of Round answers to decimal places, eg If no entry is required, select No
Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not
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