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On January 1, Year 1, Bell Corp. issued $338,000 of 10 year, 6 percent bonds at their face amount. Interest is payable on December 31

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On January 1, Year 1, Bell Corp. issued $338,000 of 10 year, 6 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 2 1 Record the issue of bonds payable Note Enter der before credits Date General Jour Debit Credit Jan 01 Journal entry worksheet 1 2. 3 Record the interest expenses for bonds payable. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 Record the interest expenses for bonds payable. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal

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