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On January 1. 2024, Splash City Issues $380,000 of 8% bonds, due in 15 years, with Interest payable semlannually on June 30 and December 31
On January 1. 2024, Splash City Issues $380,000 of 8% bonds, due in 15 years, with Interest payable semlannually on June 30 and December 31 each year. Required: Assuming the bonds issue for $380,000, record the bond issue on January 1, 2024, and the first two semlannual interest payments on June 30, 2024, and December 31. 2024. If no entry s reculred for a particular transactlon/event, select "No Journal Entry Required" In the first eccount flekd.|
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