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On January 1, 2017, Brussels Enterprises issues bonds at par dated January 1, 2017, that have a $1,700,000 par value, mature in 4 years, and
On January 1, 2017, Brussels Enterprises issues bonds at par dated January 1, 2017, that have a $1,700,000 par value, mature in 4 years, and pay 9% interest semiannually on June 30 and December 31. 1. Record the entry for the issuance of bonds for cash on January 1, 2017 2. Record the entry for the first semiannual interest payment on June 30, 2017. 3. Record the entry for the second semiannual interest payment on December 31, 2017. 4. Record the entry for the maturity of the bonds on December 31, 2020 (assume semiannual interest is already recorded) View transaction list Journal entry worksheet Record the issuance of bonds for cash on January 1, 2017. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2017 Record entry Clear entry View general journal
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