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On January 1. Year 1. Bell Corp. issued $352,000 of 10-year. 6 percent bonds at their face amount. Interest is payable on December 31 of
On January 1. Year 1. Bell Corp. issued $352,000 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 fleld.) View transaction list Journal entry worksheet 2 3 Record the issue bonds payable. Note Enter debitore credits Debit Credit General Journal Date Jan 01 eral journal
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