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On January 1, 2017, Crawford Corporation issued five-year 8% bonds payable with a face value of $2.100 O O The bonds were issued at 90

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On January 1, 2017, Crawford Corporation issued five-year 8% bonds payable with a face value of $2.100 O O The bonds were issued at 90 and pay interest on January 1 and July 1. Crawford amortizes bond discounts using the straight-line method. On December 31, 2019, Crawford retired the bonds early by purchasing them at a market price of 93. The company's fiscal year ends on December 31 Read the trequirements Requirement 1. Journalize the issuance of the bonds on January 1, 2017. (Record debits first, then credits Exclude explanations from any journal entries) Journal Entry Accounts Debit Credit Date 2017 Jan 1 Requirement 2. Record the semiannual interest payment and amortization of bond discount on July 1 2017 Record debits tist hen credits Exclude esxplanalions from any joumal entries ) from anv list or enter any number in the input fieids and then continue to the next

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