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On January 1, Carla Vista Co. issued $327,000,8 %, 10-year bonds at face value. Interest is payable annually on January 1. (a) Your answer

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On January 1, Carla Vista Co. issued $327,000,8 %, 10-year bonds at face value. Interest is payable annually on January 1. (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Date Account Titles and Explanation lan. 1 Cash Bonds Payable eTextbook and Media, List of Accounts Debit Credit 327000 327000 Attempts: 2 of 6 used Prepare the journal entry to record the accrual of interest on December 31. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts Date Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit

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