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On January 1,2024 , Splash Clty Issues $380,000 of 8% bonds, due In 15 years, with Interest payable semlannually on June 30 and December 31
On January 1,2024 , Splash Clty Issues $380,000 of 8% bonds, due In 15 years, with Interest payable semlannually on June 30 and December 31 each year. Requlred: Assuming the bonds Issue for $380,000, record the bond Issue on January 1,2024 , and the first two semlannual Interest payments on June 30, 2024, and December 31,2024. (If no entry is requlred for a particular transaction/event, select "No Journal Entry Requlred" In the flrst account fleld.) Journal entry worksheet 3 Record the bond issue. Note: Enter debits before credits
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