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On January 1, 2024, White Water issues $510,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each year.
On January 1, 2024, White Water issues $510,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each year. Required: Assuming the bonds issue for $510,000, record the bond issue on January 1, 2024, and the first two interest payments on December 31, 2024, to December 31, 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the issuance of the bond. Note: Enter debits before credits. Date January 01, 2024 General Journal Debit Credit Record entry Clear entry View general journal Prev 6 of 9 www Novt
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