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On January 1, Year 1, Bell Corp. issued $210,000 of 10-year, 8 percent bonds at their face amount. Interest is payable on December 31 of
On January 1, Year 1, Bell Corp. issued $210,000 of 10-year, 8 percent bonds at their face amount. Interest is payable on December 31 of each year with the first payment due December 31, Year 1 Required Prepare all the general journal entries related to these bonds for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the issue of bonds payable Note: Enter debits before credits. General Journal Date Debit Credit Jan 01 Record entry Clear entry View general journal
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