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On January 1,2024 , Splash City issues $400,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31
On January 1,2024 , Splash City issues $400,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $436,785. Exercise 9.12 (Algo) Part 2 Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 024. (ff no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round our final answers to the nearest whole dollar.) Journal entry worksheet 3 On January 1,2024 , 5piash City issues $400,000 of 8% bonds, due in 15 years, with interest payable semiannuatly on June 30 and December 31 each year. Assuming the mariket interest rate on the issue date is 7%, the bonds will issue at $436,785. Exercise 912 (Algo) Part 2 2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31 , 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Journal entry worksheet Mecord the first semiannual interest payment. Nocet frner debis before oredis: [The following information apples to the questions displayed below.] On January 1, 2024, Splash City issues $400,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $436,785. xercise 9-12 (Algo) Part 2 Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31 , 024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round our final answers to the nearest whole dollar.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credes
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